Thursday, March 30, 2023

Indices closed UP .43% to .73%...NICE !!!

 Indices closed UP.

S&P 500 @ 4050.83, high 4057.85, low 4032.10

RSI @ 57.91

CMF @ 0.106

Internals were :

UP volume led by 2.05 to 1 in NYSE & 1.44 to 1 in Nasdaq

Advancing stocks led by 2.70 to 1 in NYSE & 1.16 to 1 in Nasdaq

Net new highs were leading by 25 in NYSE & lows by 77 in Nasdaq

VIX Down .52% @ 19.02

Oil @ $74.37

Gold @ $1997.70

Canadian $ @ .6459

In my portfolio .... Sold AI @ $27.25

Portfolio ARKK SHOP

Stocks which closed UP 1% or more included AI

SQ RUN MRVL DAL XPEV PDD NIO AG

TECK TRIP QCOM FCX DASH AMD SNOW

INTC MSFT NXPI ZM CRWD UBER LITE

SEDG EAT BA ASML NVDA META LRCX

AMZN BABA NFLX OLED AMAT CIEN

LVS BROS ULTA....

AH Futures UP

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE closed near high of the day and made new highs in months, a sign of solid " fight the Fed moment " Internals were positive again with back to back strength @ close. It IS all about Inflation read before market opens. It IS also end of the week, end of the month & end of the quarter, how It will end depends on the positioning of High Frequency Traders.

BLOG does NOT give buy or sell.

Saleem


No comments: