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
8 comments:
Hi Stocktrader,
Sold SU @ $19.19 in pre market
Saleem
Hi Stocktrader,
Sold CNX @ $13.65 in pre market.
Saleem
Hi Saleem,
Bought PLAN AVAV LUV GRWG
Stoctrader
Hi Stocktrader,
Good luck with LUV PLAN AVAV GRWG
Saleem
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
Hi Stocktrader,
Thanks for your detailed rationale for buying, much appreciated!
Saleem
Hi Saleem,
Sold MTCH @ 150.44 on increasing competition
Bought SPWR @ 32.30 to gain alternative energy exposure
Stocktrader
Hi Stocktrader,
Good luck with SPWR!
Saleem
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