Indices closed UP.
S&P 500 @ 4019.81, high 4039.31, low 3971.64
RSI @ 59.86
CMF @ 0.178
Internals were :
UP volume led by 2.85 to 1 in NYSE & 5.51 to 1 in Nasdaq
Advancing stocks led by 2.77 to 1 in NYSE & 1.73 to 1 in Nasdaq
Net new highs were leading by 87 in NYSE & 81 in Nasdaq
VIX Down .20% @ 19.81
Oil @ $81.62
Gold @ $1928.60
Canadian $ @ .6615
Portfolio ARKK LSPD MGM SOL
Stocks which were UP 4% or more included ARKK LSPD SOL
XPEV SHOP MRVL AMAT FSLR NIO MU SQ TSM ROKU
QCOM QRVO SWKS MSTR DASH AMD ZI DDOG TER
SEDG ASML BYND NVDA TSLA JWN JKS RH....
AH Futures UP
AH Asian Markets UP
AH Oil & Gold UP
About market, TAPE closed higher near high of the day on higher than average volume, crossing a major resistance higher than last resistance. IF we close higher again, then it will be a complete victory for bulls. Semiconductors & technology stocks were the strongest, too many shorts were hiding in those sectors. Expect more short covering and new 2023 allocations to equities.
BLOG does NOT give buy or sell.
Saleem
No comments:
Post a Comment