Indices closed UP.
S&P 500 @ 2846.06, high 2851.85, low 2805.10
RSI @ 56.60
CMF @ 0.154
Internals were :
UP volume led by 1.83 to 1 in NYSE & 3.69 to 1 in Nasdaq
Advancing stocks led by 3.22 to 1 in NYSE & 2.52 to 1 in Nasdaq
Net new 52 wk highs were leading by 11 in NYSE & 12 in Nasdaq
VIX Down 8.28% @ 37.76
Oil @ $20.11
Gold @ $1768.90
Canadian $ @ .6090
In my portfolio:
Bought CNX @ $9.57
Added 100% AAL @ $11.97
Portfolio AAL APA CCL CIEN CNX JD MGM SU
Stocks which closed UP 3% or more AAL CCL CNX MGM
AMD ROKU DAL MU SHOP SQ QCOM NVDA MSFT
TSLA LRCX AMZN AMAT NFLX OLED QRVO
NTNX LNG FSLR WYNN LVS SWKS NKE V
CMG.....
AH Futures Down
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE was strong from open till close, closed near high of the day. Internals were positive. Most sector participated in today's rally except oil stocks as oil took another dip based on demand concern. US is opening economic activity in some states as of May 1, which is a good thing. Fed had agreement with US airlines for bailout money which should push airlines stock higher on Wednesday.
BLOG does NOT give buy or sell.
Saleem
5 comments:
Hi Saleem,
Bought CRWD @ 58.90
I think endpoint security probably got another boost during this crisis.
My playbook is shifting a little bit towards the "easy money" plays, whereby anything still growing will get multiple expansion.
Stocktrader
Hi Saleem,
Sold PINS @ 16.49
As much as love the long term story, the ad market will likely be challenged for quite a while. I want to see the dust settle first...
Stocktrader
Hi Stocktrader,
Good luck with CRWD...
Saleem
Hi Stocktrader,
Bought TWTR @ $27.18
Saleem
Hi Saleem,
Good luck with TWTR.
The market is not responding well to good news today. We'll see if that bodes poorly for the rest of the week. Given the huge run in the last few weeks, it would make sense to have a pause.
Stocktrader
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