Monday, April 3, 2023

Indices closed mixed....

 Indices closed mixed.

S&P 500 @ 4124.51, high 4127.66, low 4098.79

RSI @ 64.01

CMF @ 0.173

Internals were :

UP volume led by 1.14 to 1 in NYSE & .57 to 1 in Nasdaq

Advancing stocks led by 1.28 to 1 in NYSE & .89 to 1 in Nasdaq

Net new highs were leading by 56 in NYSE & lows by 36 in Nasdaq

VIX Down .80% @ 18.55

Oil @ $80.42

Gold @ $2000.40

Canadian $ @ .6561

In my portfolio :

Bought SQ @ $67.50

Bought LSPD @ $14.70

Portfolio ARKK LSPD SHOP SQ

Stocks which closed green included

AI LULU RBLX VNX APA SU MOS TJX GE 

TECK M BYD SAVE AAPL BMBL PAAS CNQ

FCX MSTR DASH PINS PFE GOLD INTC NEM

TOL TS BMO KBH NVAX CVX ELF MRNA BA

AEM GOOG NFLX JWN OXY SLB META LVS

WYNN BROS MA ORCL MCD ULTA CMG V

X IBM.....

AH Futures Mixed

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE closed near best level of the day despite major jump in Oil prices due to cutback in production by OPEC++. Market went down quickly in futures due to Inflation fears BUT by close even VIX was down. How we close matters in a bull market even when we were slightly overbought which did not matter.

BLOG does NOT give buy or sell.

Saleem

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