Indices closed UP.
S&P 500 @ 4076.60, high 4077.16, low 4020.44
RSI @ 61.96
CMF @ 0.225
Internals were :
UP volume led by 9.00 to 1 in NYSE 3.48 to 1 in Nasdaq
Advancing stocks led by 4.91 to 1 in NYSE & 3.12 to 1 in Nasdaq
Net new highs were leading by 108 in NYSE & 105 in Nasdaq
VIX Down 2.71% @ 19.40
Oil @ $78.87
Gold @ $1945.30
Canadian $ @ .6663
Portfolio ARKK LCID LSPD MGM SOL
Stocks which were UP 3% or more included ARKK LSPD MGM
GOOS XPEV JKS TPR SHOP RUN NTR FSLR SPWR AFRM
TECK COIN BYD ROKU RCL WYNN AI CSIQ DOCU ZI
TOL CRWD UBER KBH ENPH SEDG UPS DHI PHM
TSLA LRCX JWN BROS....
AH Futures Down
AH Asian Markets UP
AH Oil UP
AH Gold Down
About market, TAPE closed @ high of the day, more than reversing yesterday's losses. Internals were strong. Tomorrow @ 2 PM It IS all about Fed policy announcement followed by Q&A. I expect a change in Fed policy with smaller token higher rates of 25 basis. IF that happens, expect all Indices to make higher highs well above resistance.
BLOG does NOT give buy or sell.
Saleem
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