Indices closed mixed.
S&P 500 @ 3152.05, low 3115.70, high 3179.78
RSI @ 56.48
CMF @ -0.017
Internals were :
Down volume led by 3.24 to 1 in NYSE & 1.04 to 1 in Nasdaq
Declining stocks led by 2.58 to 1 in NYSE & 2.19 to 1 in Nasdaq
Net new 52 wk highs were leading by 161 in NYSE & 148 in Nasdaq
VIX UP 4.20% @ 29.26
Oil @ $39.62
Gold @ $1803.80
Canadian $ @ .6419
Portfolio AAL APA CCL MGM SU
Stocks which were UP 25 or more included NIO DOCU SHOP
ROKU ERI MTCH CRWD JD AMD HUYA SPWR NVDA
TSM TSLA AMZN FEYE FFIV PANW.....
AH Futures Down
AH Asian Markets Down
AH Oil Down
AH Gold UP
About market, TAPE closed mixed with Nasdaq being the only winner, Internals were mostly negative. There is another negative for market now, Joe Biden utterance today did not help, instead of capitalizing on unpopularity of current administration, he was busy alienating investors, not a winning strategy.
BLOG does NOT give buy or sell.
Saleem
6 comments:
Hi Stocktrader,
Added 20% MGM @ $16.00
Saleem
Hi Saleem,
Good Luck with more MGM.
I was busy with my work this week. Did not get time to update and check blog comments.
Thanks
Paramjeet
Hi Paramjeet,
Nice to see your message.
Good to see back in action.
Good luck!
Saleem
Hi guys,
Saleem, good luck with more MGM!
Sold ADPT @ 45.73 on relative weakness
Bought SHYF @ 16.99 for a trade
Stocktrader
Hi Stocktrader,
Good luck with SHYF...
Saleem
Hi Stocktrader,
Nice find on SHYF. Amazon news and the PR will be the game changer. I am surprised why this is not trading above $20 today. Probably shorts want it to take lower to buy and hold for big move. I bought some too at 16.92 today.
Good luck with your holdings.
Happy Weekend everyone.
Paramjeet
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