Indices closed UP.
S&P 500 @ 2626.65, high 2631.80, low 2545.28
RSI @ 46.73
CMF @ 0.063
Internals were :
UP volume led by 1.23 to 1 in NYSE & 2.15 to 1 in Nasdaq
Advancing stocks led by 1.56 to 1 in NYSE & 1.67 to 1 in Nasdaq
Net new 52 wk lows were leading by 71 in NYSE & 25 in Nasdaq
VIX Down 12.91% @ 57.08
Oil @ $20.09
Gold @ $1643.20
Canadian $ @ .5830
Portfolio AMD CIEN LK MU ROKU TWTR
Stocks which were UP 2% or more AMD CIEN MU ROKU
SU NKE VICR LSCC HUYA SQ ASML QCOM XLNX
LULU NVDA MCD MSFT FB UBER LRCX AMZN
AAPL AMAT GOOG NFLX PANW MA MS ULTA
SWKS IBM V CNX....
AH Futures UP
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE closed near high of the day after some hesitation after open. Chinese PMI expanded to 52.00 beating expectations of contraction @ 45.00, this number should give lot of hope for a US economic rebound. Today's close gave lot of confidence to traders & investors who are being bombarded with negativity of A bottom.
BLOG does NOT give buy or sell.
Saleem
8 comments:
Hi Saleem,
Sold DDOG @ 35.36 to take small profits
I think the valuation is holding back the stock.
Stocktrader
Hi Stocktrader,
Good luck with new pick!
Saleem
Hi Saleem,
Added to KRA @ 8.94
With their announcement yesterday, I feel relatively safe here, and it's my only non-tech cyclical exposure.
Stocktrader
Hi Saleem,
Bought FSLY @ 19.12
As a play on internet traffic, and a good chart shaping up for the next move, I thought I'd try here.
Stocktrader
Hi Stocktrader,
Good luck with FSLY and more of KRA..
Saleem
Hi Saleem,
Did some selling before close:
Sold PSNL @ 7.97
Sold PINS @ 15.47
Sold TNA @ 16.42
Sold FB @ 167.31
I wanted to reduce exposure ahead of really poor data and earnings to come. I tried to keep the stocks that have already announced some indications of their business and might be more insulated during this month.
Stocktrader
Hi Saleem,
At 54.7% stock exposure now.
Portfolio: ACMR KRA AVGO FSLY MOMO HUYA, cash 45.3%
Stocktrader
Hi Stocktrader,
Good move in reducing exposure....
Saleem
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