Wednesday, April 26, 2023

Indices closed mixed.....

 Indices closed mixed.

S&P 500 @ 4055.99, low 4049.36, high 4089.67

RSI @ 45.78

CMF @ 0.241

Internals were :

Down volume led by 3.26 to 1 in NYSE & 1.49 to 1 in Nasdaq

Declining stocks led by 2.07 to 1 in NYSE & 1.49 to 1 in Nasdaq

Net new lows were leading by 90 in NYSE & 357 in Nasdaq

VIX UP .43% @ 18.84

Oil @ $74.30

Gold @ $1996.00

Canadian $ @ .6395

Portfolio ARKK AI SHOP SQ

Stocks which closed green included

LCID TTD MRVL XPEV JD PDD

RIOT TJX MU TECK BYD AMD

SWKS MSTR DASH SNOW MSFT

CRWD ESTC NTAP DDOG ELF

NVDA AMZN BROS ULTA CMG

AH Futures UP

AH Asian Markets Down

AH Oil & Gold UP

About market, TAPE was euphoric in premarket & @ open, DOW very quickly went into red & S&P 500 followed, Nasdaq closed green thanks to Cyber security & Semiconductor stocks. Internals were negative, a very discouraging TAPE. After close we had a slew of earnings which were way better than expected BUT these days market has its own mood, close will tell.

BLOG does NOT give buy or sell.

Saleem

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