Tuesday, February 7, 2023

Indices closed UP .78% to 1.90%...NICE !!!

Indices closed UP.

S&P 500 @ 4164.00, high 4176.54, low 4088.34

RSI @ 64.36

CMF @ 0.321

Internals were :

UP volume led by 1.89 to 1 in NYSE & 1.52 to 1 in Nasdaq

Advancing stocks led by 1.68 to 1 in NYSE & 1.42 to 1 in Nasdaq

Net new highs were leading by 71 in NYSE & 63 in Nasdaq

VIX Down 3.96% @ 18.66

Oil @ $77.14

Gold @ $1884.80

Canadian $ @ .6557

Portfolio ARKK LCID LSPD MGM SOL

Stocks which were UP 1% or more included ARKK LSPD MGM

LULU NCLH MRVL APA AMAT MU QRVO QCOM SWKS

TECK BYD DKNG PENN JBLU TSM RCL LAC BIDU

AMD MSFT PANW LYFT NXPI DOCU ZI ZM

CRWD ESTC UBER DDOG CVX BA NVDA

TWLO CRUS GOOG OXY....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE closed near high of the day after Fed Chief did not deviate from his last Q&A. Market likes no surprise. Now It IS all about State of the Union speech, market expects usual upbeat speech. Nasdaq keeps on surprising any remaining skeptics as It has become the new face of Bull Market. Tremendous money needs to be in the market for 2023 allocation.

BLOG does NOT give buy or sell.

Saleem

2 comments:

Stocks100 said...


Hi Stocktrader,

Added 25% ARKK @ $41.90

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with more ARKK - seems good to buy on dips and as it nears support.

Stocktrader