Friday, February 10, 2023

Indices closed mixed....

 Indices closed mixed on 10 year rate direction. Market closed near high of the day despite Fed focus on higher Fed funds rates.

S&P 500 @ 4090.46, high 4094.36, low 4060.79

RSI @ 55.76

CMF @ 0.170

Internals were :

Down volume led by .84 to 1 in NYSE & 1.58 to 1 in Nasdaq

Declining stocks led by 1.03 to 1 in NYSE & 1.35 to 1 in Nasdaq

Net new highs were leading by 24 in NYSE & lows by 23 in Nasdaq

VIX Down .87% @ 20.53

Oil @ $79.72

Gold @ $1874.50

Canadian $ @ .6633

Stocks which closed green included AI SOL

JKS CNX APA NTR MOS PYPL CCJ GE

BYD AAPL CNQ SCHW IBM PFE NEM

TOL NTAP TD ENPH ABBV CVX BMO

SEDG UPS MRNA DHI PHM BA MCD

OXY SLB LNG YELP SU BROS MS

ORCL MS....

In my portfolio :

Bought AI @ $22.70

Bought MRVL @ $44.30

Here is my portfolio weighting :

ARKK       34.10%

MRVL      22.39%

LSPD       20.37%

AI            11.55%

LCID        8.40%

SOL         3.19%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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