Thursday, March 23, 2023

Indices closed UP .23% to 1.01%....NICE !!!

 Indices closed UP.

S&P 500 @ 3948.72, high 4007.66, low 3919.05

RSI @ 47.76

CMF @ -0.004

Internals were :

Down volume led by 1.82 to 1 in NYSE & .87 to 1 in Nasdaq

Declining stocks led by 1.59 to 1 in NYSE & 1.10 to 1 in Nasdaq

Net new lows were leading by 219 in NYSE & 259 in Nasdaq

VIX UP 1.57% @ 22.61

Oil @ $69.96

Gold @ $1995.90

Canadian $ @ .6339

Portfolio ARKK AI SHOP

Stocks which were UP 2% or more included AI

LSPD TTD MRVL JD PDD RIOT SNAP 

AMAT FSLR MU AG GE TSM PAAS

MSTR DASH AMD SNOW INTC

NXPI NEM KBH ELF TER NVDA

META LRCX BABA NFLX OLED....

AH Futures UP

AH Asian Markets Down

AH Oil Down

AH Gold UP

About market, TAPE closed UP after losing all gains from morning, there is a rethink going on about Fed & Treasury about their statements. Market feels the stress of conflicting statements & data. Hopefully soon, we may see a clear cut direction for this market after all news have been discounted / digested.

BLOG does NOT give buy or sell.

Saleem


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