Monday, February 8, 2021

Indices closed UP .74% to .95%....NICE !!!!

 Indices closed UP

S&P 500 @ 3915.59, high 3915.77, low 3892.59

RSI @ 64.69

CMF @ 0.081

Internals were :

UP volume led by 3.02 to 1 in NYSE & 7.65 to 1 in Nasdaq

Advancing stocks led by 3.20 to 1 in NYSE & 3.51 to 1 in Nasdaq

Net new 52 wk highs were leading by 692 in NYSE & 697 in Nasdaq

VIX UP 1.77% @ 21.24

Oil @ $57.97

Gold @ $1834.20

Canadian $ @ .7240

In my portfolio added 20% SU @ $17.35

Portfolio AAPL BB CNX FSLR MGM MRVL SU

Stocks which were UP 3% or more included BB FSLR MGM MRVL 

SQ AG TECK MGNI RIOT CLF NIO AMD SPWR GAN MU NXPI

SHOP DAL KBH APHA NVAX SEDG KRA MRNA DHI BZUN TSM

UAL AMAT OXY SLB NTNX OSTK ULTA LRCX MSTR TLRY ACB.

AH Futures Mixed

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was strong and closed @ high of the day. DOW, S&P 500 and Nasdaq closed @ new all time high. Internals were strong after a long time. Many sectors have resumed their positive trend again.

BLOG does NOT give buy or sell.

Saleem

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6 comments:

  1. stocktrader_1996February 9, 2021 at 9:49 AM

    Hi Saleem,

    Interesting news:

    Intel pushes back 7nm chips until late 2022 or early 2023, Apple Insider says
    Intel said it is delaying the release of its 7-nanometer semiconductors until late 2022 or early 2023 after it discovered an issue that results in "yield degradation," Apple Insider's Mike Peterson reports. "The company's 7nm-based CPU product timing is shifting approximately six months relative to prior expectations," Intel said. "The primary driver is the yield of Intel's 7nm process, which based on recent data, is now trending approximately twelve months behind the company's internal target." The company believes it can fix the problem and noted that it thinks there are "no fundamental roadblocks," the author notes.

    Stocktrader

    ReplyDelete
  2. Stocks100February 9, 2021 at 9:51 AM


    Hi Stocktrader,

    Thanks for this news, much appreciated!

    Saleem

    ReplyDelete
  3. stocktrader_1996February 9, 2021 at 11:48 AM

    Hi Saleem,

    Sold SIMO @ 62.60
    Sold AMBA @ 116.58

    Taking profits in non-core names.

    Stocktrader

    ReplyDelete
  4. stocktrader_1996February 9, 2021 at 11:51 AM

    Hi Saleem,

    Sold GRTS @ 15.64 on relative weakness

    Stocktrader

    ReplyDelete
  5. stocktrader_1996February 9, 2021 at 12:07 PM

    Hi Saleem,

    Added to TZA @ 4.17

    Stocktrader

    ReplyDelete
  6. Stocks100February 9, 2021 at 12:11 PM


    Hi Stocktrader,

    Good move in booking profit$$$$$

    Good luck with more TZA.....

    Saleem

    ReplyDelete