Indices closed down.
S&P 500 @ 3235.66, low 3222.66, high 3279.99
RSI @ 59.38
CMF @ 0.198
Internals were :
Down volume led by 1.41 to 1 in NYSE & 1.26 to 1 in Nasdaq
Declining stocks led by 1.16 to 1 in NYSE & 1.61 to 1 in Nasdaq
Net new 52 wk highs were leading by 207 in NYSE & 122 in Nasdaq
VIX UP 7.24% @ 26.08
Oil @ $41.07
Canadian $ @ .6626
Portfolio AAL APA CCL MGM SU
Stocks which were UP 1% or more included AAL
TWTR CNX DAL TLRY MU EAT KRA PHM
JKS SPWR RUN UAL FSLR CLVS LNG M..
AH Futures UP
AH Asian Markets Down
AH Oil UP
AH Gold Down
About market, TAPE saw its first serious profit taking in high growth popular technology names, this may be one day wonder and may come back roaring. Laggards like Airlines also participated on better than expected losses, it is all about burn rate. Friday may bring interest in most stocks, laggards & high flying technology.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Dear Saleem,
This week has been challenging for stock overall due to continuous Pandemic news, China tensions and all. I saw the portfolio swing between 3% either way. Anyway, below is the final Gain/Loss for the week.
Weekly Gain/Loss : (-1.04%)
Winners : BNGO ALDX ALT ICD OPK GAN DKNG OTRK NOVN
Losers : APTX HEPA BOXL SOLO
Earlier this week I sold ALT GAN DKNG OTRK only bought back ALT (25.61) & GAN (22.62) today at a lower price.
Bought UAVS @ 3.30 and KRA @ 17.71
Have a great weekend !!
Paramjeet
Hi Paramjeet,
You did better than me as usual.
Enjoy your weekend!
Saleem
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