Indices closed mixed despite Chinese security decision for Hong Kong. Hong Kong tanked 5.5% but we managed to close green and at high in S&P 500, things are changing for sure.
S&P 500 @ 2955.45, high 2956.76, low 2933.59
RSI @ 57.74
CMF @ -0.001
Internals were :
UP volume led by .82 to 1 in NYSE & 1.76 to 1 in Nasdaq
Advancing stocks led by 1.18 to 1 in NYSE & 1.31 to 1 in Nasdaq
Net new 52 wk highs were leading by 25 in NYSE & 62 in Nasdaq
VIX Down 4.64% @ 28.16
Oil @ $33.25
Gold @ $1735.50
Canadian $ @ .5973
Stocks which were UP 1% or more included APA CNX TLRY SPCE
DDOG UBER CIEN KRA ELF MRNA TER DHI KBH PHM FB
MRVL LULU TWLO CRON PANW QRVO NTNX LNG SWKS...
Here is my portfolio allocation :
SU 22.85%
AAL 21.40%
CNX 17.34%
MGM 15.95%
APA 11.40%
TLRY 6.86%
SPCE 4.20%
Next post on Monday around 6 PM
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hi Saleem,
Last week up 9.71%
Winners include NVAX ALT OPK ONEM CLVS LVGO ELF...
Losers include BLPH VIR CATS KRA HCAT....
Added a small position in LK at 1.38 on Friday. Total gamble but will see.
Thanks
Paramjeet
Hi Paramjeet & Stocktrader,
Last week UP 7.18%
YTD UP .27%
LK......being delisted from Nasdaq....
Enjoy Memorial day weekend!
Saleem
Hi guys,
I am super disappointed that LK is getting delisted (pending their appeal). I thought they actually had a really promising model and I know they still do heavy business in China. Without a US listing though, it becomes nearly impossible to invest. I bet they end up relisting in China directly and do quite well.
I might try to get my weekly stats done tonight, but more likely will happen tomorrow. We are still heavy in unpacking mode currently after moving on Friday (when I missed a few good opportunities too...)
Stocktrader
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