Tuesday, March 28, 2023

Indices closed down .12% to .45%....

 Indices closed down.

S&P 500 @ 3971.27, low 395153, high 3979.20

RSI @ 49.96

CMF @ 0.075

Internals were :

UP volume led by 1.75 to 1 in NYSE & .54 to 1 in Nasdaq

Advancing stocks led by 1.43 to 1 in NYSE & .77 to 1 in Nasdaq

Net new lows were leading by 27 in NYSE & 102 in Nasdaq

VIX Down 3.06% @ 19.97

Oil @ $73.20

Gold @ $1973.50

Canadian $ @ .6382

Portfolio ARKK AI SHOP

Stocks which closed green included

COIN MGM DAL XPEV LULU 

JD PDD BIDU JKS TPR UAL

APA SU NIO CCL TJX AG CCJ

CRM M X WYNN PAAS CNQ

LAC FCX CLF MSTR CIEN

DDOG TD CVX EAT PHM BA

AEM BABA OXY SLB LNG

ULTA.....

AH Futures UP

AH Asian Markets UP

AH Oil UP

AH Gold Down

About market, Indices closed down slightly. There was rotation for last 2 days on beaten down sectors like Oil. Nasdaq continued its well deserved R&R. Market is poised for jump as VIX is below 20. Dull market gives you lot of opportunities to do day trading or jump into well defined rotation. 

BLOG does NOT give buy or sell.

Saleem

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