Tuesday, January 12, 2021

Indices closed UP .04% to .28%....NICE !!!!

 Indices closed UP.

S&P 500 @ 3801.19, high 3810.78, low 3776.51

RSI @ 65.13

CMF @ 0.174

Internals were :

UP volume led by 3.07 to 1 in NYSE & 2.34 to 1 in Nasdaq

Advancing stocks led by 2.06 to 1 in NYSE & 2.23 to 1 in Nasdaq

Net new 52 wk highs were leading by 525 in NYSE & 460 in Nasdaq

VIX Down 3.11% @ 23.33

Oil @ $53.21

Gold @ $1844.20

Canadian $ @ .7251

Portfolio AAL APA BB CCL CNX MGM SU TECK

Stocks which were UP 2% or more included

AAL APA CNX SU TECK

MGNI FUBO RIOT MSTR DASH

BIDU SNAP PINS GAN LYFT DOCU 

ROKU CIEN DAL UAL ZM UBER EAT

KRA MRNA MOMO TSLA LRCX AMAT

YY JWN OXY SLB OSTK X M TLRY.....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE started in a narrow range dipped in red and then closed green, most Indices made new all time high. Internals were strong. Stay home, Oil & commodities stocks were strong as oil went to 11 month high price. All eyes will be on Washington DC for impeachment hearing with its usual drama.

BLOG does NOT give buy or sell.

Saleem

7 comments:

stocktrader_1996 said...

Hi SAleem,

Sold EH @ 35.03 to take profits

Stocktrader

Stocks100 said...


Hi Stocktrader,

Added 15% MGM @ $29.70

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with more MGM!

I'm looking for some "experiential" plays myself.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with " experiential picks "

Saleem

stocktrader_1996 said...

Hi Saleem,

Just like FUBO, I sold EH too early, and I should have known better when the market cap is so significantly less than the total addressable market. Maybe I'll get another chance to rebuy. Anyone who sells quickly looks like a fool in this market.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Sold TWLO @ 372.03 to take profits

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with new picks.....

Do not feel bad you had 90% good picks & profitable trades$$$$$$

Saleem