Thursday, March 19, 2020

Indices closed UP .47% to 2.30%....NICE!!!!

Indices closed UP.

S&P 500 @ 2409.39, high 2466.97, low 2319.78

RSI @ 33.84

CMF @ -0.006

Internals were :

UP volume led by 2.88 to 1 in NYSE & 2.75 to 1 in Nasdaq

Advancing stocks led by 2.64 to 1 in NYSE & 3.17 to 1 in Nasdaq

Net new 52 wk lows were leading by 1392 in NYSE & 809 in Nasdaq

VIX Down 5.82% @ 72.00

Oil @ $25.22

Gold @ $1479.50

Canadian $ @ .5532

In my portfolio :

Bought in pre-market JD @ $37.80

Bought CIEN @ $35.40

Portfolio AMD CIEN JD LK TWTR

Stocks which closed green by 4% or more included CIEN TWTR
VICR JKS LYFT UBER SPWR FSLR ROKU MU QCOM WB
BYND CLDR LULU NVDA MCD TWLO BIDU FB TSLA
EXPE NFLX OLED PANW SNAP LNG WYNN LVS GS
YELP OSTK ULTA SWKS CMG X M......

AH Futures Mixed

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE started weak then went UP then crawled to finish in green, this is the-best TAPE can do considering uncertain Corona Virus impact on world economy. Tomorrow could be first strong close IF market stars are aligned. IF we confirm today's UP close with a solid green on Friday, it will be a huge sigh of relief that we probably have discounted most of the bad news.

BLOG does NOT give buy or sell.

Saleem

4 comments:

Stocks100 said...


Hi Stocktrader,

Very busy pre-market.....

Bought XLE $26.00

Bought GDX $22.60

Bought TNA $14.00

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with the new positions!

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Sold SPLK @ 117.60 to take profits

Bought MOMO @ 21.98 to gain Chinese exposure

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with MOMO

Saleem