Wednesday, April 22, 2020

Indices closed UP 1.99% to 2.81%....NICE!!!!

Indices closed UP.

S&P 500 @ 2799.31, high 2815.10, low 2775.95

RSI @ 53.21

CMF @ 0.116

Internals were :

UP volume led by 2.48 to 1 in NYSE & 1.74 to 1 in Nasdaq

Advancing stocks led by 2.50 to 1 in NYSE & 1.99 to 1 in Nasdaq

Net new 52 wk low were leading by 13 in NYSE & highs by 14 in Nasdaq

VIX Down 7.55% @ 41.98

Oil @ $13.78

Gold @ $1738.30

Canadian $ @ .5964

Portfolio AAL APA CIEN DDOG MGM MU SU TWTR

Stocks which were UP 6% or more included APA MU SU TWTR
SHOP SQ NVDA FB TSLA LRCX AMAT EXPE QRVO SNAP
NTNX CHK CMG....

AH Futures Mixed

AH Asian Markets UP

AH Oil UP

AH Gold Down

About market, TAPE was strong from open on good earnings, TAPE closed near high of the day. Most sector participated in this rally except Airlines, Technology was the strongest showing 6%++++ gains. Georgia ignoring directives for stage 1 by including few stage 3 in their economic revival format. Rally should have follow through on Thursday.

BLOG does NOT give buy or sell.

Saleem

7 comments:

stocktrader_1996 said...

Hi Saleem,

Sold BAND @ 80.19 to take profits

Stocktrader

Stocks100 said...


Hi Stocktrader,

Sold APA @ $10.50

Saleem

Stocks100 said...

Hi Stocktrader,

Bought CNX @ $11.58

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with the swap!

Bought GTLS @ 31.72 on comforting earnings and commentary.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with GTLS.

Saleem

stocktrader_1996 said...

Hi Saleem,

Added a little to GTLS @ 30.82 and ELF @ 11.15 to use remaining cash.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with add on in GTLS & ELF....

Saleem