Friday, February 17, 2023

Indices closed mixed....

 Indices closed mixed after being under selling pressure on rising yield, 10 year yield went south and stock market went north. DOW was the superstar and it closed green. All Indices closed near high of the day.

S&P 500 @ 4079.09, low 4047.95, high 4081.51

RSI @ 52.17

CMF @ 0.267

Internals were :

Down volume led by 1.44 to 1 in NYSE & 1.27 to 1 in Nasdaq

Declining stocks led by 1.45 to 1 in NYSE & .92 to 1 in Nasdaq

Net new highs were leading by 39 in NYSE & 12 in Nasdaq

VIX Down .74% @ 20.02

Oil @ $76.34

Gold @ $1850.20

Canadian $ @ .6510

Stocks which closed green included LCID SOL

GOOS DAL UAL RIOT RUN AMAT SPWR

MGA TJX CCJ TECK BYD SAVE WYNN

MGNI MSTR PFE DKNG LYFT PENN

ENPH ABBV GILD NKE BYND MCD

META TSLA ROKU ...

In my portfolio :

Sold LSPD @ $22.10 in Toronto

Sold RBLX @ $41.40

Added 15% ARKK @ $41.00

Added 30% SHOP @ $43.30

Here is my portfolio weighting :

ARKK        39.79%

SHOP        37.23%

AI             11.33%

LCID        8.66%

SOL         2.99%

Next post on Monday around 6 PM as markets are closed in USA & Canada.

BLOG does NOT give buy or sell.

Saleem



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