Indices closed UP.
S&P 500 @ 3722.48, high 3725.12, low 3710.87
RSI @ 66.37
CMF @ 0.297
Internals were :
UP volume led by 2.36 to 1 in NYSE & 2.08 to 1 in Nasdaq
Advancing stocks led by 2.21 to 1 in NYSE & 2.18 to 1 in Nasdaq
Net new 52 wk highs were leading by 501 in NYSE & 415 in Nasdaq
VIX Down 2.53% @ 21.93
Oil @ $48.36
Gold @ $1902.00
Canadian $ @ .7242
In my portfolio :
Sold 25% MGM @ $31.11 within second of close
Bought BB @ $8.23
Portfolio AAL APA BB CCL MGM SU TECK
Stocks which were UP 2% or more included CLF
CNX AI SNAP MRVL AG NIO DKNG GOLD
GAN PANW AUY NEM DOCU ZI CRWD
ESTC DDOG KBH NVAX MRNA HUYA
PHM MOMO BYND LULU BZUN TWLO
TSLA AEM SPLK NTNX OSTK....
AH Futures Down
AH Asian Market Mixed
AH Oil & Gold Down
BB AH earnings report was a beat in Sales & EPS, guiding sequential growth, CC was upbeat with better things to come. BB AH Down 36 cents or 4.36%
About market, TAPE was strong on stimulus hope and closed @ high of the day. This is a strange TAPE which keeps going UP. I am afraid that when stimulus deal is done we may face " sell the news ". In the meantime keep booking profit and stay diversified. MRNA vaccine getting thumbs UP for approval recommendation with zero NO vote.
BLOG does NOT give buy or sell.
Saleem
Hi Saleem,
ReplyDeleteSold LITE @ 92.607 to take profits
Stocktrader
ReplyDeleteHi Stocktrader,
Sold MGM @ $31.60
Saleem
Hi Saleem,
ReplyDeleteAnother winning trade on MGM - nice job!
Stocktrader
ReplyDeleteHi Stocktrade,
Few orders in, waiting for fill...
Bought AG @ $12.68...
Saleem
ReplyDeleteHi Stocktrader,
Added 125% TECK @ $17.95
Saleem
ReplyDeleteHi Stocktrader,
Added 50% BB @ $6.95
Saleem
ReplyDeleteHi Stocktrader,
Bought MGM @ $31.52
Saleem
Hi Saleem,
ReplyDeleteGood luck with the new positions!
Banks flying - might be a "cyclical" week next week, especially if Congress can reach a relief deal.
Stocktrader