Monday, April 17, 2023

Indices closed UP .28% to .33%...NICE !!!

 Indices closed UP.

S&P 500 @ 4151.32, high 4151.72, low 4123.18

RSI @ 63.98

CMF @ 0.305

Internals were :

UP volume led by 1.98 to 1 in NYSE & 2.37 to 1 in Nasdaq

Advancing stocks led by 1.42 to 1 in NYSE & 1.61 to 1 in Nasdaq

Net new highs were leading by 35 in NYSE & lows by 90 in Nasdaq

VIX Down .70% @ 16.95

Oil @ $80.83

Gold @ $2007.00

Canadian $ @ .6590

Portfolio ARKK LSPD SHOP SQ

Stocks which were UP 1% or more included SHOP

AI RUN DAL XPEV JD PDD JKS UAL SNAP

NTR SPWR AFRM PYPL TECK X BYD RVL

ROKU BMBL AAL SCHW BIDU DKNG 

NXPI MTCH CRWD NTAP DDOG ENPH

LITE SEDG SPLK BABA EXPE TSLA

JWN NIO CSIQ FSLR RH MS OSTK CMG....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE closed @ absolute high of the day with breakout on charts. Once all the shorts and bears realize that there is NO new lows coming, there will be a flood of short covering and market will move sharply higher, so govern accordingly. VIX made a new 52 wk low, another clear signal that market is northbound.

BLOG does NOT give buy or sell.

Saleem

2 comments:

Stocks100 said...


Hi Stocktrader,

Bought AI @ $23.23 in pre-market.

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with re-entry on AI - you traded it so well last time!

Stocktrader