Monday, March 20, 2023

Indices closed UP +.39% to 1.20%....NICE !!!!

 Indices closed UP.

S&P 500 @ 3951.57, high 3956.62, low 3916.89

RSI @ 47.76

CMF @ -0.008

Internals were :

UP volume led by 2.33 to 1 in NYSE & 1.09 to 1 in Nasdaq

Advancing stocks led by 1.69 to 1 in NYSE & 1.04 to 1 in Nasdaq

Net new lows were leading by 135 in NYSE & 272 in Nasdaq

VIX Down 5.33% @ 24.15

Oil @ $67.64

Gold @ $1982.80

Canadian $ @ .6311

Portfolio ARKK AI SHOP

Stocks which closed UP 1% or more included MGM XPEV

JKS HST CNX APA NIO AMAT NTR MOS FSLR SPWR

TJX MU TECK X BYD AAPL TRIP QRVO PAAS CNQ

LAC FCX CLF BIDU IBM PFE CSIQ NXPI PENN

CIEN MTCH NTAP KBH ENPH CVX SEDG ELF

MRNA BA MCD META TSLA RIOT SLB LNG

MS.....

AH Futures UP

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE resisted downward pressure due to selling in select regional bank while big banks went UP. Indices closed UP near high of the day. DOW was the star index with highest % gain. Internals were positive. There was rotation today with Oil also turning UP in the afternoon. Fed starting their two day meeting which may not do anything and leave Interest rate alone.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Bought IONQ @ 4.90

This was the one stock I really wanted to buy back the whole time as I think the runway for growth ahead is highly exponential. The mention in NVDA's quantum computing release today adds credibility to their story.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with IONQ...

Saleem