Tuesday, January 10, 2023

Indices closed UP .56% to 1.01%...NICE !!!

 Indices closed UP.

S&P 500 @ 3919.25, high 3950,57, low 3877.29

RSI @ 53.84

CMF @ 0.031

Internals were :

UP volume led by 3.04 to 1 in NYSE & 4.04 to 1 in Nasdaq

Advancing stocks led by 2.33 to 1 in NYSE & 2.45 to 1 in Nasdaq

Net new highs were leading by 46 in NYSE & 64 in Nasdaq

VIX Down 6.33% @ 20.58

Oil @ $75.12

Gold @ $1876.50

Canadian $ @ .6563

Portfolio ARKK LSPD MGM SOL

Stocks which were UP 3% or more included MGM SOL

GOOS DAL AAL UAL JBLU LULU JKS CSIQ FSLR

SPWR RIOT COIN NIO GE ROKU BMBL WYNN

FCX CLF MSTR PINS DKNG LYFT NXPI BABA 

NFLX OLED RH BROS ULTA,,,,

AH Futures Mixed

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE ignored Powell's speech & another Fed voting member repeat of uber hawkish Statement and rallied to close higher, a huge victory for bulls. Internals were all positive, VIX touching recent lows. There is a great chance we close higher on Wednesday.

BLOG does NOT give buy or sell.

Saleem

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