Indices closed UP.
S&P 500 @ 3080.82, high 3081.07, low 3051.64
RSI @ 66.14
CMF @ 0.098
Internals were :
UP volume led by 3.89 to 1 in NYSE & 1.84 to 1 in Nasdaq
Advancing stocks led by 2.89 to 1 in NYSE & 1.70 to 1 in Nasdaq
Net new 52 wk highs were leading by 70 in NYSE & 96 in Nasdaq
VIX Down 4.92% @ 26.84
Oil @ $36.81
Gold @ $1735.00
Canadian $ @ .6479
In my portfolio :
Sold ENPH @ $57.35
Bought CRWD @ $91.50...in regular hours, earnings came AH and it beat all expectations of Sales, EPS & Guidance CRWD close AH UP $5.75 or 6.23% @ $98.00...expect many upgrades and price target hikes.....
Portfolio AAL APA CCL CNX CRWD MGM SU...
Stocks which were UP 3% or more included CNX APA SU
NTAP KBH CNQ SQ KRA TER MRVL QCOM BZUN
BABA QRVO YY SLB OSTK SWKS M......
AH Futures UP
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE closed @ high of the day despite demonstration / disruption about opportunities and equality. Damages were deemed minor and will be restored easily. We are all set to hit new all time highs based on buying binge from under-invested in equities which has gained 40% from mid March lows or in last 11 weeks.
BLOG does NOT give buy or sell.
Saleem
17 comments:
Hi Guys,
Started a small position (AH yesterday) in LK at 2.25.
A lot of negative news particularly the de-listing notice and US/China fiasco is already built into the stock price. However, there is a hugh room for stock to run until anything material occurs.
Tim Hortons, Yum Brands and Starbucks already showing interest in buying out LK assets if needed and yesterday one legal firm cancelled the suit.
Will ride this momentum and see where this goes.
Thanks
Paramjeet
Hi guys,
It feels like it could be a fierce sell-the-stay-at-home trade today based on the current stock price reaction to ZM's most amazing quarter I've ever seen.
Stocktrader
Hi Paramjeet,
There is no doubt LK still does substantial business. It will be interesting to see how this plays out over time.
Stocktrader
Hi guys,
Sold PLAN @ 45.31
Sold SAIL @ 23.52
Taking profits in some of the weaker cloud charts.
Stocktrader
Hi Guys,
Sold BHVN @66.66 to book profits.
Bought GAN @20.65 to enter an online gaming sector on the pullback.
Paramjeet
Hi Paramjeet,
Good luck on the swap! I keep watching DKNG...
Stocktrader
Hi guys,
Bought ADPT @ 40.80 on positive Goldman note and breakout chart potential
Bought LYFT @ 34.04 on good news last night and positive analyst commentary
Stocktrader
Hi guys,
Sold HUBS @ 210.58 on poor price action after a big run
Stocktrader
Hi guys,
It feels like a desperate move, but:
Bought GTLS @ 44.53 to get industrial exposure
After a better-than-feared Q2 update, this one might have room to run.
Stocktrader
Hi guys,
Sold KRA @17.41 to book profits.
Bought LVGO at @61.25
Thanks
Paramjeet
Hi Stocktrader & Paramjeet,
Sold SU @ $18.73
Good luck with all the buys
Good move in booking profits$$$$$
Saleem
Hi Paramjeet,
Nice job on KRA!
Stocktrader
Hi Stocktrader,
Sold MGM @ $20.00
Saleem
Hi Saleem,
Nice trades on SU and MGM. Good to see green $$ being made here.
Added PSNL @12.96
Paramjeet
Hi Saleem,
Once again an amazing trade on MGM - congrats!!
Stocktrader
Hi Guys,
Sold NVAX @45. A news report in NYT that Novavax is not in "Vaccine Finalist" list killed it. Will reenter at lower price if opportunity do arise.
Bought CHGG at 60.00
Paramjeet
Hi Paramjeet,
You still nailed NVAX nicely if I remember correctly!
Good luck with CHGG.
Stocktrader
Post a Comment