Indices closed mixed.
S&P 5I00 @ 3855.76, low 3808.86, high 3905.05
RSI @ 34.15
CMF @ -0.082
Internals were :
Down volume led by 2.39 to 1 in NYSE & 1.09 to 1 in Nasdaq
Declining stocks led by 2.31 to 1 in NYSE & 1.62 to 1 in Nasdaq
Net new lows were leading by 402 in NYSE & 592 in Nasdaq
VIX UP 6.94% @ 26.52
Oil @ $74.80
Gold @ $1916.50
Canadian $ @ .6309
Portfolio ARKK AI SHOP
Stocks which were UP 2% or more included ARKK AI
COIN RUN EXAS RBLX PLTR PDD
SPWR AG PAAS MSTR SNOW GOLD
MSFT NEM AEM ZM ESTC SEDG....
AH Futures UP
AH Asian Markets Down
AH Oil & Gold Down
About market, TAPE was extremely confused today, It was a very conflicting set of stats making round Fed funds futures collapsed from 5%+ to 3%+ a monumental slump. Bonds yield collapsed also mortgage rates crashing down in both US & Canada. Goldman Sachs predicting ZERO hike by Fed in next meeting vs much trumpeted 50 basis and high rates longer, how things change overnight. Moral of the story IS do not believe all the talk make your own calls right or wrong because others are equally wrong or right that DEPENDS.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Sold BMBL @ 20.24 on relative weakness
Stocktrader
Hi Stocktrader,
Good luck with new pick!!
Saleem
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