Indices closed UP.
S&P 500 @ 2852.50, high 2852.80, low 2766.64
RSI @ 51.87
CMF @ -0.087
Internals were :
UP volume led by 2.20 to 1 in NYSE & 2.07 to 1 in Nasdaq
Advancing stocks led by 1.20 to 1 in NYSE & .97 to 1 in Nasdaq
Net new 52 wk lows were leading by 101 in NYSE & 91 in Nasdaq
VIX Down 7.57% @ 32.61
Oil @ $27.56
Gold @ $1740.90
Canadian $ @ .5950
In my portfolio :
Sold CLDR @ $7.80
Bought JD @ $46.90
Portfolio AAL APA CNX JD MGM SU
Before open JD reports, here are the expectations :
Q 1 Sales $19.27 billion to $19.29 billion, EPS 9 cents to 11 cents
Guidance Q 2 Sales $24.91 billion, EPS 30 cents
Expecting a beat in Sales & EPS.....
Stocks which closed UP 2% or more included JD MGM
PINS MU AMD TER ASML QCOM XLNX LULU
NVDA TSM TWLO NEM LRCX CGC AMAT
EXPE CLVS SQ......
AH Futures Down
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE was down sharply and closed @ high of the day 2766 area was the support for S&P 500. Most sectors went UP. Friday trading depends on High Frequency Traders but today's TAPE eliminated fears created by vested interest. Internals were mixed.
BLOG does NOT give buy or sell.
Saleem
12 comments:
Hi Saleem,
Sold CHGG @ 65.87 to take profits
Also want to move away from the highly overbought stocks for a while. I will likely sell DKNG by close also.
Stocktrader
Hi Saleem,
Bought SQ @ 78.72
With new financial technology and some economic sensitivity, it could be the right play at the re-openings tentatively happen.
Stocktrader
Hi Stocktrader,
Good luck with SQ....
Saleem
Hi Saleem,
Bought WEN @ 20.88
It seems the meat issue will be temporary, and their very recent breakfast offering provides a catalyst for market share gains. I think they are a long term winner after some restaurants are forced to permanently close.
Stocktrader
Hi Stocktrader,
Good luck with "where is the beef "...aunt clara wants to know?
Saleem
Hi Saleem,
Sold DKNG @ 28.47 to take profits
Stocktrader
Hi Stocktrader,
Added 35% AAL @ $9.15
Saleem
Hi Saleem,
Good luck with more AAL - those are tough stocks!
Stocktrader
Hi Saleem,
Bought HUBS @ 186.47
An economic re-opening benefits this company significantly. I still think they are an acquisition target for a larger player too.
Stocktrader
Hi Stocktrader,
Good luck with HUBS
Saleem
Hi Saleem,
Took small profits in NOW calls & KROS
Bought SRNE @6.60
Thanks,
Explorer
Hi Explorer,
Good move in booking profit....
Good luck with SRNE....
Saleem
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