Indices closed UP.
S&P 500 @ 3453.49, high 3460.53, low 3415.34
RSI @ 54.38
CMF @ 0.025
Internals were :
UP volume led by 3.74 to 1 in NYSE & 2.12 to 1 in Nasdaq
Advancing stocks led by 1.90 to 1 in NYSE & 1.72 to 1 in Nasdaq
Net new 52 wk highs were leading by 27 in NYSE & 26 in Nasdaq
VIX Down 1.88% @ 28.11
Oil @ $ 40.64
Gold @ $1904.60
Canadian $ @ .6865
Portfolio AAL APA CCL AG MGM RUN SU
Stocks which were UP 3% or more included
AAL APA CCL MGM SU
FCX DKNG GAN LYFT SNAP CNX CGC
DAL UBER CVX MRNA NCLH BA SPLK
EXPE OLED OXY WYNN LVS OSTK X M...
AH Futures Mixed
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE was under selling pressure from open despite better jobless claims. Indices tested support around 50 DMA area and reversed and closed near high of the day, technically V reversal. Internals were all positive. Energy stocks were leading performer along with travel, gaming stocks. It was a day when most sectors participated with rotation in major focus.
BLOG does NOT give buy or sell.
Saleem
11 comments:
Hi Saleem,
Sold VICR @ ~86.30 to take profits and high valuation
Stocktrader
Hi Saleem,
Bought QRVO @ 135.31
A change in chip exposure to better valuation and more upcoming catalysts.
Stocktrader
Hi Saleem,
Bought GRWG @ 19.81 on good chart and expectations of democratic win
Stocktrader
Hi Saleem,
Added to AGCO @ 83.02
Added to PSNL @ 25.72
Stocktrader
Hi Stocktrader,
Nice profit in VICR$$$$
Good luck with QRVO GRWG & more of AGCO & PSNL...
Saleem
Hi Saleem,
Sold MTCH @ 118.68 to take profits
Stocktrader
Hi Saleem,
Bought LYFT @ 25.93
Low valuation, an anticipated positive ballot result in CA, and heavy call option activity could set this up for a bigger run.
Stocktrader
Hi Saleem,
Sold SQ @ 175.48 on underperformance and a toppy chart.
I think competition and valuation has caught up to them somewhat finally.
Stocktrader
Hi Stocktrader,
Good luck with LYFT.
Saleem
Hi Stocktrader,
Added 60% RUN @ $56.00
Saleem
Hi Saleem,
Good luck with more RUN! I am tempted myself to re-enter.
Stocktrader
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