Wednesday, March 24, 2021

Indices closed down .01% to 2.01%....

 Indices closed down.

S&P 500 @ 3889.14, low 3889.07, high 3942.08

RSI @ 49.31

CMF @ -0.135

Internals were :

Down volume led by 1.94 to 1 in NYSE & 1.96 to 1 in Nasdaq

Declining stocks led by 1.32 to 1 in NYSE & 3.17 to 1 in Nasdaq

Net new 52 wk lows were leading by 49 in NYSE & 244 in Nasdaq

VIX UP 4.43% @ 21.20

Oil @ $61.18

Gold @ $1733.20

Canadian $ @ .7444

In my portfolio....In after hour

Sold 40% SQ @ $213.50

Bought MGM @ $37.10

Portfolio AAPL HST MGM NIO SQ SU TSM

Stocks which closed green included HST SU

APA CNX FSLR WYNN CNQ SCHW IBM 

PFE NEM NTAP CVX BMO DHI ASML

GLD LRCX AMAT OXY SLB LNG MA

MS.....

AH Futures Mixed

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE sank @ close and closed @ low of the day. Internals were extremely negative. Its was not about 10 yr yield anymore it was stable around 1.617% currently in AH. TAPE is seeking some kind of catalyst which its not getting thus negative close for the most part.

BLOG does NOT give buy or sell.

Saleem

4 comments:

stocktrader_1996 said...

Hi Saleem,

Good luck with the swap!

No stock seems safe for the moment, so it's all about positioning for the next up move.

Stocktrader

Stocks100 said...


Hi stocktrader,

YES.....higher they went UP...Farther they have to fall.....

Saleem

stocktrader_1996 said...

Hi Saleem,

Sold HUBS @ 427.69

Bought EAT @ 67.03

I wanted a little more re-opening exposure and the DRI earnings today were surprisingly good.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with your favorite EAT....

Saleem