Indices closed mixed.
S&P 500 @ 3112.35, low 3090.41, high 3128.91
RSI @ 67.44
CMF @ 0.214
Internals were :
UP volume led by 1.95 to 1 in NYSE & 2.15 to 1 in Nasdaq
Advancing stocks led by 1.08 to 1 in NYSE & 1.06 to 1 in Nasdaq
Net new 52 wk highs were leading by 45 in NYSE & 60 in Nasdaq
VIX UP .58% @ 25.81
Oil @ $37.41
Gold @ $1727.40
Canadian $ @ .6483
In my portfolio :
Sold AAL @ $12.75 in pre market
Bought DAL @ $29.70 in pre market
Sold CRWD @ $92.75
Bought MGM @ $21.25
Portfolio APA CCL CIEN CNX DAL MGM
Stocks which were UP 3% or more APA CCL DAL MGM
AAL ERI LYFT CRON MU EAT NCLH GILD BA JKS
UAL SLB MS OSTK......
AH Futures UP
AH Asian Markets Down
AH Oil & Gold Down
About market, TAPE closed mixed with Nasdaq stocks under pressure after making a new all time high for Nasdaq 100. Airlines stocks were the star of today along with Casino & Cruise lines, all coming back on stream as of today or planning aggressive booking format 50% capacity is the word.
BLOG does NOT give buy or sell.
Saleem
Hi Stocktrader & Paramjeet,
ReplyDeleteBought SU @ $20.12 in pre market.
Saleem
Hi Saleem,
ReplyDeleteWhat a jobs number - wow!
Good luck with SU :)
Stocktrader
Hi guys,
ReplyDeleteWell now I know I wasn't cyclically enough exposed. Still stunned by that amazing jobs number!
Stocktrader
Hi Saleem,
ReplyDeleteYou have been playing airlines and casinos for weeks. That proves to be an amazing call - all props to you!
Stocktrader
Hi Guys,
ReplyDeleteEconomy opening stocks are on fire.. Still holding some WorkfromHome stocks which are not down but not moving up now. Will re-balance when key stocks retreat from excitment highs.
Still holding LK. It is not at 6+ Wow!!
Thanks
Paramjeet
Hi Stocktrader,
ReplyDeleteDon't forget CCL which is part of my current portfolio...
Not to mention all the oil gas.
Saleem
Hi Saleem,
ReplyDeleteAbsolutely: "Portfolio APA CCL CIEN CNX DAL MGM"
Perfection!
Stocktrader
Hi Saleem,
ReplyDeleteAnd today's add SU also of course
Stocktrader
Hi Guys,
ReplyDeleteSaleem, your stock selection is right on the money. All green for weeks now. Good show all around.
Market seem to be over-heated and must cool off soon.
Sold ELY @ 17.77 to book profits.
Sold 50% LK at 6.00 (What a run!!)
Bought NVAX @ 47.51
Bought RF @ 13.47
Paramjeet
Paramjeet
Hi Paramjeet,
ReplyDeleteThanks for your feedback re my portfolio, much appreciated.
Good luck with NVAX and RF.
LK amazing run..
Saleem
Hi Paramjeet,
ReplyDeleteGood luck on re-positioning.
Every move today is breathtaking (and for the whole week really), and so it's hard to make proper adjustments right now.
Stocktrader
Hi Saleem,
ReplyDeleteSold LYFT @ 39.25 to take profits
It's running into resistance here, so I thought I'd step back and see how it goes from there.
It feels dangerous to not be fully invested here however.
Stocktrader
ReplyDeleteHi Stocktrder,
Good strategy to take profit and redeploy funds.
Good luck with new picks!
Saleem
Hi Guys,
ReplyDeleteSold some additional stocks today
KRA @ 18.39
GH @ 83.21
RF @ 13.45 (Did not like the price movement)
BLPH @ 12.93
Added VSTM @1.87 for a potential breakout
Thanks
Paramjeet
Hi Saleem,
ReplyDeleteBought NXPI @ 113.80
Not an ideal entry after the huge run and looming China frictions, but I needed some semi exposure and I like this name and management.
Stocktrader
Hi Paramjeet,
ReplyDeleteGood luck with fresh cash to deploy. I'll admit I'm at a bit of a loss for what the next move or hot sector might be.
Stocktrader
Thanks guys.
ReplyDeleteFinally SOLD PS @ 21.08
Sold LK @ 5.60
Bought TLRY @ 9.50
Have a good weekend.
Paramjeet
ReplyDeleteHi Stocktrader & Paramjeet,
Good luck with NXPI & TLRY....
Saleem