Wednesday, March 8, 2023

Indices closed mixed....

 Indices closed mixed.

S&P 500 @ 3992.01, high 4000.41, low 3969.76

RSI @ 46.23

CMF @ -0.034

Internals were :

Down volume led by 1.04 to 1 in NYSE & 1.10 to 1 in Nasdaq

Declining stocks led by 1.02 to 1 in NYSE & 1,14 to 1 in Nasdaq

Net new lows were leading by 25 in NYSE & 131 in Nasdaq

VIX Down 2.45% @ 19.11

Oil @ $76.66

Gold @ $1818.60

Canadian $ @ .6213

In my portfolio added 300% AI @ $24.65

Portfolio ARKK AI LCID SHOP

Stocks which closed UP 2% included SHOP

MRVL NIO NTR HOOD MU X SAVE TSM

SWKS AMD NXPI CIEN CRWD LITE TER

DHI LSCC NVDA LRCX OXY.....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was under pressure with 2nd day of testimony where Fed Chief back tracked some of his hawkish line by saying nothing is pre determined in terms next hike and every decision is data dependent. Today's hotter private jobs hiring may be more than offset a very weak jobs report on Friday ( my guess of course )

BLOG does NOT give buy or sell.

Saleem

3 comments:

stocktrader_1996 said...

Hi Saleem,

Added to BLNK PINS IONQ

Back to 0% cash.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with more BLNK PINS IONQ

Saleem

Stocks100 said...


Hi Stocktrader,

Sold LCID @ $8.02

Added 30% AI @ $22.92

Saleem