Tuesday, June 9, 2020

Indices closed mixed.....

Indices closed mixed....

S&P 500 @ 3207.18, low 3193.11, high 3222.71

RSI @ 70.84

CMF @ 0.250

Internals were :

Down volume led by 7.93 to 1 in NYSE & 1.08 to 1 in Nasdaq

Declining stocks led by 3.09 to 1 in NYSE & 1.83 to 1 in Nasdaq

Net new 52 wk highs were leading by 67 in NYSE & 86 in Nasdaq

VIX UP 6.82% @ 27.57

Oil @ $38.94

Gold @ $1721.90

Canadian $ @ .6565

In my portfolio :

Sold SHOP @ $738.00 in pre market

Added 50% SU @ $20.55

Portfolio GOLD CIEN CNX SU

Stocks which were UP 1% or more included GOLD CIEN SHOP
DKNG CLDR AMD AAPL NIO NVDA TSM FB NEM 
LRCX AMZN FEYE NFLX SNAP OSTK.....

AH Futures UP

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE was mixed today but Nasdaq shot up to 10002.50 making a first above 10 K plus closing @ new all time high, only index to close in green & in new record territory. Tomorrow @ 2 PM fed will announce policy statement followed by virtual Q & A, expect statement and Q & A to be market friendly.

BLOG does NOT give buy or sell.

Saleem

15 comments:

Stocks100 said...


Hi Stocktrader & Paramjeet,

Bought MGM in pre market @ $22.55

Saleem

Stocks100 said...

Hi Stocktrader & Paramjeet,

Bought CGC @ $17.98

Bought ROKU @ $114.49

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with MGM!

Bought CGC @ 17.80 for a trade

It has a pretty good chart pattern (despite the recent dip), may benefit from democrat-election expectations, and has large short interest/getting hard to borrow.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Haha - we both have the same idea!

Good luck with CGC and ROKU!

Stocktrader

Stocks100 said...

Hi Stocktrader,

Yes....we have CGC..

Saleem

explorer said...

Hi Saleem,

Joined you with MGM @20.10. They are opening more casinos in Vegas

Explorer

Stocks100 said...


Hi Explorer,

Your purchase price is way better than mine.

Good luck with MGM...

Saleem

stocktrader_1996 said...

Hi guys,

Good luck with MGM!

I've been looking at PENN some.

Stocktrader

explorer said...

Hi Saleem/StockTrader,

Bought KSS @24.90

Thanks,
Explorer

Stocks100 said...


Hi Explorer, good luck with KSS....

Saleem

stocktrader_1996 said...

Hi Explorer,

Good luck with KSS!

Stocktrader

explorer said...

Hi Saleem/StockTrader,

Market has reacted bearishly after fed speech. I haven’t checked the news throughly but any insights from your perspective? Is that just we are in overbought state?

Thanks
Explorer

Stocks100 said...

Hi Everyone,

Sold GOLD @ $24.99

Saleem

Stocks100 said...

Hi everyone,

Added 70% MGM @ $20.85

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with more MGM!

Stocktrader