Friday, February 3, 2023

Indices closed down .38% to 1.59%....

 Indices closed down on profit taking and reaction to super-hot jobs report in 53 years. Internals were negative BUT VIX came down again.

S&P 500 @ 4136.48, low 4123.36, high 4182.36

RSI @ 53.56

CMF @ 0.269

Internals were :

Down volume led by 3.16 to 1 in NYSE & 1.48 to 1 in Nasdaq

Declining stocks led by 2.82 to 1 in NYSE & 1.66 to 1 in Nasdaq

Net new highs were leading by 129 in NYSE & 118 in Nasdaq

VIX Down 2.14% @ 18.33

Oil @ $73.39

Gold @ $1876.60

Canadian $ @ .6601

Stocks which closed green included MGM

GOOS X BYD AAPL SCHW

AI IBM PENN CVX EAT 

ELF MCD TSLA CRUS 

JWN SLB LVS CMG V...

Here is my portfolio weighting :

ARKK       38.14%

LSPD       25.71%

MGM       19.45%

LCID       12.31%

SOL          4.39%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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