Indices closed down.
S&P 500 @ 4091.95, low 4086.94, high 4134.37
RSI @ 58.26
CMF @ 0.276
Internals were :
Down volume led by 1.73 to 1 in NYSE & 2.02 to 1 in Nasdaq
Declining stocks led by 1.08 to 1 in NYSE & 1.69 to 1 in Nasdaq
Net new highs were leading by 54 in NYSE & lows by 111 in Nasdaq
VIX Down .05% @ 19.09
Oil @ $83.26
Gold @ $2024.90
Canadian $ @ .6545
In my portfolio added 15% ARKK @ $38.70
Portfolio ARKK LSPD SHOP SQ
Stocks which were UP 1% or more included SHOP
TPR AG GOLD PANW VRWD DDOG
ELF AEM SLB.....
AH Futures Mixed
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE was strong @ open on better than expected news on inflation. @ 2 PM Fed minutes talked about recession thus sell sell sell program kicked in, we closed @ lows of the day. Nasdaq was the weakest. Internals were negative BUT VIX went down giving lot of hope for Thursday close in a positive manner.
BLOG does NOT give buy or sell.
Saleem
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