Indices closed UP.
S&P 500 @ 2529.19, high 2553.93, low 2367.04
RSI @ 36.20
CMF @ -0.089
Internals were :
UP volume led by 2.17 to 1 in NYSE & 2.37 to 1 in Nasdaq
Advancing stocks led by 1.44 to 1 in NYSE & 1.96 to 1 in Nasdaq
Net new 52 wk lows were leading by 1798 in NYSE & 1090 in Nasdaq
VIX Down 8.20% @ 75.91
Oil @ $26.95
Gold @ $1525.80
Canadian $ @ .5808
Portfolio AMD LK TWTR
Stocks which were UP 5% or more included AMD LK
CIEN VICR JKS SQ SPWR ROKU QCOM XLNX
BZUN NVDA TSM TWLO MSFT NEM LRCX
SHOP AMZN FEYE SPLK CRON AMAT YY
CSIQ NFLX QRVO MU ORCL SWKS CNX...
AH Futures Down
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE staged a deeply oversold bounce. VIX did not budge too much, a tell tale of things to come. Internals were mixed. It is extremely hard to gauge this market as news flow is very grim with infection & death numbers piling up. Every day is challenging in more ways than one. Keep a very long term view with very high comfort stocks.
BLOG does NOT give buy or sell.
Saleem
7 comments:
Hi Saleem,
Sold BHVN @ 29.13 to try and buy back lower.
I'm not sure that will necessarily work, but I'll give it a go.
Stocktrader
Hi Saleem,
Trimmed some FSLY @ 14.29 to deploy towards more beaten down stocks (in theory).
Stocktrader
Hi Saleem,
Bought ACMR @ 16.07 ahead of earnings tonight.
Stocktrader
Hi Saleem,
Sold PLAN @ 27.66
It is actually still too expensive here.
Stocktrader
Hi Saleem,
Bought SPLK @ 102.47
Stocktrader
Hi Saleem,
Added to PSNL @ 4.99
Added to ACMR @ 16.51
Stocktrader
Hi Stocktrader,
Sorry I missed all your messages until now, was tied UP with many things.....
ACMR is a winner tonight.....
Good luck with SPLK & more PSNL....
Saleem
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