Indices closed mixed.
S&P 500 @ 3876.50, low 3874.71, high 3902.92
RSI @ 54.03
CMF @ 0.072
Internals were :
Down volume led by .80 to 1 in NYSE & 1.68 to 1 in Nasdaq
Declining stocks led by 1.13 to 1 in NYSE & 1.62 to 1 in Nasdaq
Net new 52 wk highs were leading by 434 in NYSE & 351 in Nasdaq
VIX UP 6.35% @ 23.45
Oil @ $61.49
Gold @ $1808.40
Canadian $ @ .7390
In my portfolio :
Sold MGM @ $37.60 in closing minutes
Bought SQ @ $267.70 in closing minutes
Added 130% CNX @ $13.04 in closing minutes
Portfolio AAPL BB CNX FSLR MRVL SQ SU
Stocks which closed green included SU MGM
WYNN LVS AG PAAS APA CNQ TECK AAL
CCL MGNI SCHW FCX CLF IBM GOLD DAL
CVX EAT KRA ELF NCLH AEM UAL OXY
SLB YELP V X M ULTA MA MGA ORCL...
AH Futures UP
AH Asian Markets UP
AH Oil & Gold UP
About market, TAPE was in a deep slump on rising rates. Technology took it on the chin and oil roared higher giving energy stocks big boost. Gold & Silver also were UP along with base metals. Gaming, Airlines & Cruise lines were cruising @ full speed. Bit coin were in sell sell mode. Rotation were in full swing.
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hi Saleem,
Sadly sold RUN @ 60.77
Affected by higher interest rates and increasing competition, I made a mistake with this position.
Stocktrader
Hi Stocktrader,
NO NO..its the market environment which has discounted tech related froth....
Saleem
Hi Saleem,
Sold PINS @ 81.74 to reduce some tech exposure
Stocktrader
Hi Stocktrader,
Good luck with your strategy!
Saleem
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