Friday, February 26, 2021

Indices closed mixed....

 Indices closed mixed with DOW slumping @ close, technically not a good thing, It was a sharp dive in last 15 minutes, does not bode well for Monday's open.

S&P 500 @ 3811.15, low 3789.54, high 3861.08

RSI @ 43.50

CMF @ 0.152

Internals were :

Down volume led by 3.11 to 1 in NYSE & 1.29 to 1 in Nasdaq

Declining stocks led by 1.56 to 1 in NYSE & 1.71 to 1 in Nasdaq

Net new 52 wk lows were leading by 6 in NYSE & 81 in Nasdaq

VIX Down 2.18% @ 28.26

Oil @ $61.50

Gold @ $1728.80

Canadian $ @ .7295

Stocks which were UP 2% or more included MRVL

MGM VUZI TWTR WYNN QRVO SNAP CCL

MSTR RUN AMD DKNG JKS CSIQ PENN

MU NXPI SHOP ROKU TOL ZM CRWD

ESTC KBH ENPH NVAX SEDG MRNA

TER NCLH DHI PHM VICR TWLO

LRCX AMAT MGA CMG.....

In my portfolio :

Added 30% SU @ $20.17

Sold FSLR @ $81.00 in after hour....

Here is my portfolio weighting with 70% exposure :

SQ         31.67%

AAPL    25.02%

MRVL   23.25%

SU       11.21%

CNX     8.85%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem


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