Thursday, March 18, 2021

Indices closed down .46% to 3.02%....

 Indices closed down.

S&P 500 @ 3915.46, high 3969.62, low 3910.86

RSI @ 53.29

CMF @ -0.088

Internals were :

Down volume led by 2.63 to 1 in NYSE & 3.55 to 1 in Nasdaq

Declining stocks led by 3.69 to 1 in NYSE & 3.41 to 1 in Nasdaq

Net new 52 wk highs were leading by 419 in NYSE & 186 in Nasdaq

VIX UP 12.22% @ 21.58

Oil @ $59.73

Gold @ $1732.50

Canadian $ @ .7522

In my portfolio :

Sold MGM @ $40.30

Bought SU @ $22.06

Portfolio AAPL HST NVTA NIO SQ SU TSM

Stocks which closed green included VUZI CPNG

CURLF SCHW CIIC IBM CSIQ LYFT IQ WB

BABA MOMO ORCL MS SINA ULTA X....

AH Futures UP

AH Asian Markets Down

AH Oil & Gas Down

About market, TAPE was under severe selling pressure from Bond crowd who are against fed policies of keeping Fed funds rate @ low low till end of 2023. When market closed Nasdaq was crushed and is below 50 DMA. Oil also was crushed today. Hopefully Friday should be a green close.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Good luck with SU!

A lot of stocks are currently on sale.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Added 150% HST @ $17.90

Saleem