Indices closed down.
S&P 500 @ 4119.58, low 4089.72, high 4164.10
RSI @ 53.07
CMF @ 0.149
Internals were :
Down volume led by 5.12 to 1 in NYSE & 1.86 to 1 in Nasdaq
Declining stocks led by 3.55 to 1 in NYSE & 2.44 to 1 in Nasdaq
Net new lows were leading by 133 in NYSE & 380 in Nasdaq
VIX UP 10.57% @ 17.78
Oil @ $71.66
Gold @ $2023.30
Canadian $ @ .6369
Portfolio ARKK AI SHOP SNAP SQ
Stocks which closed green included
COIN RIOT AG GE RCL QCOM
QRVO PAAS MSTR GOLD NXPI
NEM AEM ZI UBER DHI MCD
AMZN CRUS AMD BROS
OSTK CMG....
AH Futures UP
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE remained under Fed induces banking crisis of inverted yield which is playing havoc with deposits. Washington lack of agreement on Government funding played a role also in today's slump. Expecting Fed statement to backtrack on highest rate for a long time mantra and do an about turn on many policies.
BLOG does NOT give buy or sell.
Saleem
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