Friday, January 13, 2023

Indices closed UP .33% to .71%...NICE !!!

 Indices closed UP despite mixed earnings from Banks & DAL. All Indices are making a real break through resistance. All sectors participated in this rally into close. Close was @ high of the day.

S&P 500 @ 3999,09, high 4003.95, low 3947.67

RSI @ 60.58

CMF @ 0.152

Internals were :

UP volume led by 1.59 to 1 in NYSE & 1.38 to 1 in Nasdaq

Advancing stocks led by 1.79 to 1 in NYSE & 1.73 to 1 in Nasdaq

Net new highs were leading by 101 in NYSE & 103 in Nasdaq

VIX Down 2.55% @ 18.35

Oil @ $79.86

Gold @ $1921.70

Canadian $ @ .6584

Stocks which were UP 1% or more included ARKK MGM

PDD NCLH SHOP MRVL SNAP RUN SEDG ENPH

CCL AFRM HOOD GE COIN M JBLU AAPL ROKU 

WYNN PAAS AAL MSTR BIDU DKNG PANW NEM

CRWD UBER DDOG ELF MRNA NVDA TWLO

AEM AMZN BABA OLED LVS MS....

Here is my portfolio weighting :

ARKK       61.77%

MGM        21.95%

LSPD       10.90%

SOL           5.38%

Next post by 6 PM on Monday.

BLOG does NOT give buy or sell.

Saleem

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