Thursday, February 4, 2021

Indices closed UP 1.08% to 1.23%...NICE!!!!

 Indices closed UP.

S&P 500 @ 3871.74, high 3872.42, low 3836.66

RSI @ 60.78

CMF @ 0.104

Internals were :

UP volume led by 2.76 to 1 in NYSE & 1.76 to ! in Nasdaq

Advancing stocks led by 2.52 to 1 in NYSE & 2.76 to 1 in Nasdaq

Net new 52 wk highs were leading by 319 in NYSE & 328 in Nasdaq

VIX Down 4.98% @ 21.77

Oil @ $56.23

Gold @ $1791.20

Canadian $ @ .7166

In my portfolio :

Bought AAPL in pre market @ $136.25

Bought SNAP @ $58.58

Sold SNAP in AH @ $54.25

Portfolio AAPL BB CNX FSLR MGM SU

Stocks which were UP 2% or more included AAPL MGM

SQ MGNI FUBO CLF AI MSTR BIDU DKNG GAN MU

LYFT NXPI TWTR PENN GOOS DOCU ZI PLAN PDD

MTCH EAT MRNA TER NCLH BZUN LRCX NFLX

SLB AMAT MA MS ULTA V M .....

AH Futures UP

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE celebrated better jobless claims number causing Gold to tumble, Indices closed near high of the day. Internals were positive. It was a broad based rally today with most sectors participating. It is all about Jobs data @ 830 AM which may determine direction of market.

BLOG does NOT give buy or sell.

Saleem

at

10 comments:

  1. Stocks100February 5, 2021 at 5:24 AM


    Hi Stocktrader,

    Bought MRVL @ $50.50 in pre market.

    Saleem

    ReplyDelete
  2. stocktrader_1996February 5, 2021 at 5:32 AM

    Hi Saleem,

    Good luck with the new position!

    Stocktrader

    ReplyDelete
  3. stocktrader_1996February 5, 2021 at 6:30 AM

    Hi Saleem,

    Sold DHI @ 77.76

    Housing stocks have not gotten a lift despite strong earning. I'll look for different opportunities.

    Stocktrader

    ReplyDelete
  4. stocktrader_1996February 5, 2021 at 7:13 AM

    Hi Saleem,

    A few other adjustments:

    Sold SNAP @ 57.34
    Bought EAT @ 66.71
    Bought SIMO @ 58.42

    Looking for good earnings and charts with a re-opening bias.

    Stocktrader

    ReplyDelete
  5. stocktrader_1996February 5, 2021 at 7:16 AM

    Hi Saleem,

    Bought AMBA @ 110.70 on breakout potential

    Stocktrader

    ReplyDelete
  6. stocktrader_1996February 5, 2021 at 7:38 AM

    Hi Saleem,

    Re-bought EH @ 76.31

    Stocktrader

    ReplyDelete
  7. Stocks100February 5, 2021 at 7:47 AM


    Hi Stocktrader,

    Good luck with EH AMBA EAT SIMO ...

    Saleem

    ReplyDelete
  8. stocktrader_1996February 5, 2021 at 8:30 AM

    Hi Saleem,

    Bought SUMO @ 36.69
    Re-bought SNAP @ 61.12
    Added to GRTS @ 16.38

    There's no reason to be on the sidelines in this market, so I'm adding back some stories I like. SNAP's reversal today to new all time highs is a very important sign for whole market I think.

    Stocktrader

    ReplyDelete
  9. Stocks100February 5, 2021 at 8:43 AM


    Hi Stocktrader,

    Good luck with SUMO SNAP and more GRTS

    Saleem

    ReplyDelete
  10. stocktrader_1996February 5, 2021 at 11:18 AM

    Hi SAleem,

    Bought LYFT @ 52,71 on re-opening thoughts

    Stocktrader

    ReplyDelete