Tuesday, January 19, 2021

Indices closed UP .38% to 1.53%....NICE!!!!

 Indices closed UP.

S&P 500 @ 3798.91, high 3804.53, low 3780.37

RSI @ 61.38

CMF @ 0.125

Internals were :

UP volume led by 1.64 to 1 in NYSE & 3.66 to 1 in Nasdaq

Advancing stocks led by 1.92 to 1 in NYSE & 2.14 to 1 in Nasdaq

Net new 52 wk highs were leading by 321 in NYSE & 396 in Nasdaq

VIX Down 4.52% @ 23.24

Oil @ $52.98

Gold @ $1840.20

Canadian $ @ .7274

In my portfolio :

Sold TECK on Monday in Toronto @ $25.36 Canadian

Bought CNX @ $12.95

Portfolio AAL CCL CNX MGM

Stocks which were UP 2% or more included   MGM

APA TECK AG BB MGNI FCX CLF MSTR DASH

BIDU MRVL NIO SPWR GAN JKS CSIQ MU ZI

QRVO ROKU TOL ESTC KBH ENPH APHA 

SEDG PHM BA HUYA MOMO ASML QCOM 

TSM FB LRCX FSLR AMAT BABA GOOG 

OXY SLB LNG OSTK SWKS TSM X....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was strong in technology, solar and stay home stocks. Internals were strong. Many sector participated in today's rally. Inauguration should be a positive day then back to business of getting confirmation of many appointees. Do not forget to book profit as you go along.

BLOG does NOT give buy or sell.

Saleem

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10 comments:

  1. Stocks100January 20, 2021 at 5:11 AM


    Hi Stocktrader,

    Bought SU @ $18.48 in pre market.

    Saleem

    ReplyDelete
  2. Stocks100January 20, 2021 at 5:17 AM


    Hi Stocktrader,

    Bought FSLR @ $102.56

    Saleem

    ReplyDelete
  3. stocktrader_1996January 20, 2021 at 5:25 AM

    Hi Saleem,

    Good luck with the energy buys!

    Stocktrader

    ReplyDelete
  4. Stocks100January 20, 2021 at 8:11 AM


    Hi Stocktrader,

    Sold CCL @ $ 20.72

    Saleem

    ReplyDelete
  5. Stocks100January 20, 2021 at 8:32 AM


    Hi Stocktrader,

    Bought SQ @ $226.67

    Saleem

    ReplyDelete
  6. stocktrader_1996January 20, 2021 at 9:42 AM

    Hi Saleem,

    Good luck with the swap.

    Stocktrader

    ReplyDelete
  7. stocktrader_1996January 20, 2021 at 10:33 AM

    Hi Saleem,

    Trimmed small ELY @ 28.70
    Trimmed small GM @ 56.10
    Trimmed small SUMO @ 30.87

    Just trimming some overweight positions stemming from recent price appreciation.

    Bought speculative position in YAYO @ 1.925

    I'd been watching this for a few days trying to figure out what to do, so I'm a little late but I'll try here. This company provides self-employed drivers with cars for ride-hailing jobs. I think it's an interesting side aspect of the emerging industry.

    Stocktrader

    ReplyDelete
  8. Stocks100January 20, 2021 at 10:59 AM


    Hi Stocktrader,

    Good luck with YAYO.....

    Saleem

    ReplyDelete
  9. stocktrader_1996January 20, 2021 at 12:27 PM

    Hi Saleem,

    Sold MSTR @ 559.66 to take profits and this news (better to be safe than sorry, can always revisit):

    Joe Biden's nominee for treasury secretary Janet Yellen, expressed a concern over the illicit uses of cryptocurrencies like aiding in the financing of terrorism, wrote Harry Robertson of Business Insider. Yellen's comments, made earlier in the week, suggest a possible increase in regulation from the Biden administration, added the Business Insider story. "Cryptocurrencies are a particular concern. I think many are used - at least in a transaction sense - mainly for illicit financing." said Yellen, according to the BI story

    Stocktrader

    ReplyDelete
  10. Stocks100January 21, 2021 at 6:40 AM


    Hi Stocktrader,

    Nice profit in MSTR....that is all that matters!

    Crypto currencies are fact of life for many years.....

    Saleem

    ReplyDelete