Thursday, January 14, 2021

Indices closed down .12% to .38%....

 Indices closed down.

S&P 500 @ 3795.54, low 3792.86, high 3823.60

RSI @ 62.87

CMF @ 0.137

Internals were :

UP volume led by 2.80 to 1 in NYSE & 1.81 to 1 in Nasdaq

Advancing stocks led by 2.24 to 1 in NYSE & 2.50 to 1 in Nasdaq

Net new 52 wk highs were leading by 589 in NYSE & 604 in Nasdaq

VIX UP 4.68% @ 23.25

Oil @ $53.57

Gold @ $1851.40

Canadian $ @ .7364

In my portfolio in After hour :

Sold BB @ $9.69

Sold APA @ $18.57

Portfolio AAL CCL CNX MGM SU TECK

Stocks which were UP 3% or more included

AAL CCL CNX SU TECK APA BB

MGNI RIOT DASH CIIC BIDU 

NKLA SPWR GAN INTC GOOS

CGC CRON APHA TLRY ACB

ELF MRNA NCLH ASML TSM

TWLO LRCX UAL BABA OLED

OXY AG AMAT OSTK M MSTR

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE closed near low of the day after being nicely UP, this mini reversal may be a telltale of things to come. Internals were all positive despite lower close. I am feeling extremely uncomfortable with overall market as it is " defying my logic " I intend to reduce further my exposure either in pre market or @ open, am already @ 76% of my exposure.

BLOG does NOT give buy or sell.

Saleem

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8 comments:

  1. Stocks100January 15, 2021 at 5:50 AM


    Hi Stocktrader,

    Sold SU @ $19.19 in pre market

    Saleem

    ReplyDelete
  2. Stocks100January 15, 2021 at 6:05 AM


    Hi Stocktrader,

    Sold CNX @ $13.65 in pre market.

    Saleem

    ReplyDelete
  3. stocktrader_1996January 15, 2021 at 6:33 AM

    Hi Saleem,

    Bought PLAN AVAV LUV GRWG

    Stoctrader

    ReplyDelete
  4. Stocks100January 15, 2021 at 6:36 AM


    Hi Stocktrader,

    Good luck with LUV PLAN AVAV GRWG

    Saleem

    ReplyDelete
  5. stocktrader_1996January 15, 2021 at 6:41 AM

    Hi Saleem,

    Good luck with new cash!

    Bought PLAN @ 71.50

    There's been so many positive analyst notes recently but the stock hasn't moved. I wonder if that can change.

    Bought AVAV @ 123.06 to get drone exposure

    Bought GRWG @ 51.42 to regain my exposure here.

    I think the tide is turning in the country in favor of decriminalization, and the democratically-controlled senate can bring the bill to the floor finally.

    Bought LUV @ 48.33 on the expected leisure travel boom this summer.

    Stocktrader

    ReplyDelete
  6. Stocks100January 15, 2021 at 6:42 AM


    Hi Stocktrader,

    Thanks for your detailed rationale for buying, much appreciated!

    Saleem

    ReplyDelete
  7. stocktrader_1996January 15, 2021 at 8:47 AM

    Hi Saleem,

    Sold MTCH @ 150.44 on increasing competition

    Bought SPWR @ 32.30 to gain alternative energy exposure

    Stocktrader

    ReplyDelete
  8. Stocks100January 15, 2021 at 9:08 AM


    Hi Stocktrader,

    Good luck with SPWR!

    Saleem

    ReplyDelete