Wednesday, January 4, 2023

Indices closed UP .40% to .75%...NICE !!!

 Indices closed UP.

S&P 500 @ 3852.97, high 3873.16, low 3815.77

RSI @ 46.99

CMF @ -0.032

Internals were :

UP volume led by 6.03 to 1 in NYSE & 4.50 to ! in Nasdaq

Advancing stocks led by 4.30 to 1 in NYSE & 2.74 to 1 in Nasdaq

Net new highs were leading by 30 in NYSE & 46 in Nasdaq

VIX Down 3.89% @ 22.01

Oil @ $72.84

Gold @ $1859.00

Canadian $ @ .6503

Portfolio ARKK LSPD MGM SOL

Stocks which were UP 4% or more included ARKK LSPD MGM SOL

DAL UAL AAL XPEV NIO TSLA JD PDD BABA NCLH CCL RCL

SNAP AFRM MU AG PAAS GOLD GE M WYNN LVS DKNG

MSTR COIN CSIQ PENN NFLX LAC JWN ROKU RH BROS...

AH Futures Down

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE went UP & closed near high of the day despite hawkish Fed minutes and negative Fed speak by Neil Kashkari. IF we close UP on Thursday It means market may have discounted rates fear. Internals were strong. AMZN & MSFT were in bearish mode.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

A little swap of tech companies:

Sold GTLB @ 39.29
Bought DDOG @ 64.80

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with DDOG

Saleem