Tuesday, June 30, 2020

Indices closed UP .85% to 1.87%...NICE !!!!

Indices closed UP.

S&P 500 @ 3100.29, high 3111.51, low 3047.83

RSI @ 53.88

CMF @ 0.041

Internals were :

UP volume led by 2.48 to 1 in NYSE & 1.95 to 1 in Nasdaq

Advancing stocks led by 2.02 to 1 in NYSE & 2.09 to 1 in Nasdaq

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

VIX Down 4.25% @ 30.43

Oil @ $39.27

Gold @ $1800.50

Canadian $ @ .6382

Portfolio AAL APA CCL MGM SU

Stocks which were UP 3% or more included GOLD NEM SHOP
KL TOL UBER MU LITE AMD XLNX LULU TSLA LRCX
NTNX LNG YELP M.....

AH Futures Down

AH Asian Markets UP

AH Oil UP

AH Gold Down

About market, TAPE opened higher and closed near high of the day. Month end buying and Quarter end buying caused flood of buying since yesterday, we may have a more normal market going forward. COVID-19 has been ignored for the most part despite spike all over USA, it may come back to bite.

BLOG does NOT give buy or sell.

Saleem

8 comments:

stocktrader_1996 said...

Hi guys,

Sold PLAN @ 46.09 on persistent underperformance

Bought ELF @ 19.10 to get more re-opening exposure

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with Estee Lauder.....America is opening for business$$$$

Saleem

Stocks100 said...


Hi Stocktrader & Paramjeet,

Bought GOOS @ $23.34

Saleem

psrajpal said...

Hi Guys,

@Stocktrader, Good Luck with ELF
@Saleem, Good Luck with GOOS

PreMarket was 250 points down earlier today. Market opened green :)

Sold TZA @ 22.09 Premarket

Bought BHVN on the dip @ 70.84
Started a small position in ICD @ 3.85

Thanks

Paramjeet

stocktrader_1996 said...

Hi guys,

Saleem - good luck with GOOS!

Paramjeet - good luck with BHVN, nice sell on TZA!

Stocktrader

psrajpal said...

Hi Guys,

I sold PS @ 18.22 and rolled over the funds to add more of APTX @ 4.44 (on dip) today. Suntrust RH upgraded APTX to an insane $15 target. If I recall, a few year's back this stock was riding in 30s.

Will see how far this stretches this time. Already up by 20%.

Thanks

Paramjeet

stocktrader_1996 said...

Hi Paramjeet,

You are correct - good luck with APTX!

https://puu.sh/G2Av7.png

Stocktrader

explorer said...

Good luck to all of you. Market is very hard to predict. I got some SPY 300 7/17 puts for 2.75 each contract