Tuesday, February 2, 2021

Indices closed UP 1.39% to 1.57%....NICE !!!!

 Indices closed UP.

S&P 500 @ 3826.31, high 3843.09, low 3791.84

RSI @ 56.38

CMF @ 0.093

Internals were :

UP volume led by 1.67 to 1 in NYSE & 1.43 to 1 in Nasdaq

Advancing stocks led by 2.93 to 1 in NYSE & 2.95 to 1 in Nasdaq

Net new 52 wk highs were leading by 190 in NYSE & 210 in Nasdaq

VIX Down 15.46% @ 25.56

Oil @ $54.76

Gold @ $1833.40

Canadian $ @ .7179

Portfolio BB CNX FSLR MGM SQ SU

Stocks which were UP 2% or more included MGM SQ

CNQ CCL MGNI RIOT BIDU SNAP PINS DKNG 

GAN SNOW PANW LYFT NXPI TWTR DOCU

PLAN SHOP CGC TOL ESTC UBER DDOG

ENPH PDD TER NKE LULU NVDA TWLO

TSLA LRCX NTNX CSIQ JKS WYNN LVS

MA MS V MSTR TLRY ACB.....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was strong as institutions and hedge funds funds took control of market, down went all speculative stocks big time. Most sectors participated in today's rally like good old days. Internals were all positive. Stimulus will move with or without full support.

BLOG does NOT give buy or sell.

Saleem

4 comments:

Stocks100 said...


Hi Stocktrader,

Added 50% BB @ $11.20 in pre market...

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with more BB!

Stocktrader

Stocks100 said...


Hi Stocktrader,

Sold SQ @ $231.00 in AH

Saleem

stocktrader_1996 said...

Hi Saleem,

Nice trade on SQ!

Stocktrader