Wednesday, February 3, 2021

Indices closed mixed....

 Indices closed mixed.

S&P 500 @ 3830.17, high 3847.51, low 3816.68

RSI @ 56.76

CMF @ 0.066

Internals were :

UP volume led by 2.03 to 1 in NYSE & 3.74 to 1 in Nasdaq

Advancing stocks led by 1.47 to 1 in NYSE & 1.62 to 1 in Nasdaq

Net new 52 wk highs were leading by 221 in NYSE & 260 in Nasdaq

VIX Down 10.37% @ 22.91

Oil @ $55.73

Gold @ $1835.10

Canadian $ @ .7230

In my portfolio :

In pre market added 50% BB @ $11.20

Sold SQ @ $231.00 in After hours

Portfolio BB CNX FSLR MGM SU

Stocks which were UP 3% or more included BB CNX SU

APA CNQ SLB OXY MSTR RIDE PINS RUN NIO ZI

DADA HEXO CGC ACB TLRYDDOG PDD NVAX

BA MOMO BZUN BABA YY GOOG JWN LVS MGA

MRNA OSTK M .....

AH Futures UP

AH Asian Markets Down

AH Oil UP

AH Gold Down

About market, Indices closed mixed as earnings reaction has been mixed @ best, tonight its even split between good & misses. Earnings are winding down and market may be looking ahead to change in economic environment with vaccine deployment in full swing. Market may need to digest gains of last 3 euphoric months. Energy stocks may give some spark to hungry traders as oil is heading north in a decisive manner.

BLOG does NOT give buy or sell.

Saleem

6 comments:

Stocks100 said...


Hi Stocktrader,

Bought AAPL in pre market @ $136.25

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with AAPL - entering the car game soon!

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Sold GM @ 53.92 to take profits

Stocktrader

Stocks100 said...


Hi stocktrader,

Nice move $$$$$$$

Saleem

Stocks100 said...


Hi Stocktrader,

Bought SNAP @ $58.58
earnings tonight!

Saleem

stocktrader_1996 said...

Hi Saleem,

Good earnings but a few hiccups in guidance. Long term story well intact but may need to digest. Good luck to both of us!

Stocktrader