Tuesday, March 2, 2021

Indices closed down .46% to 1.69%.....

 Indices closed down.

S&P 500 @ 3870.29, low 3868.57, high 3906.41

RSI @ 51.31

CMF @ 0.147

Internals were :

Down volume led by 1.12 to 1 in NYSE & 1.79 to 1 in Nasdaq

Declining stocks led by 1.36 to 1 in NYSE & 2.66 to 1 in Nasdaq

Net new 52 wk highs were leading by 78 in NYSE & 10 in Nasdaq

VIX UP 3.21% @ 24.10

Oil @ $59.75

Gold @ $1733.60

Canadian $ @ .7385

In my portfolio bought MGM @ $38.60 in closing seconds

Portfolio AAPL CNX MGM MRVL NIO SQ SU

Stocks which were UP 1% or more included CNX SQ SU

RCL AG PAAS CCL FUBO CLF BIDU GOLD CGC 

TOL KBH DHI PHM NCLH AEM LNG LVS MS 

X IQ

AH Futures UP

AH Asian Markets UP

AH Oil UP

AH Gold Down

About market, TAPE was under severe selling pressure in closing minutes, closing near low of the day. Nasdaq was the weakest and closed slightly above 50 DMA. Internals were weak. VIX was slightly higher which is a good thing. Hopefully Wednesday makes up for a bad Tuesday.

BLOG does NOT give buy or sell.

Saleem

3 comments:

stocktrader_1996 said...

Hi Saleem,

Good luck with MGM - we are opening soon!

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Sold TZA @ 35.98 as I'm more comfortable with the valuations giving some trimming of froth

Bought ENPH @ 162.51
Bought PLAN @ 63.57
Added to EH @ 42.68
Added to LYFT @ 58.98

I am fully invested again.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Welcome to " fully invested "

Good luck with ENPH PLAN EH LYFT +++++

Saleem