Friday, March 12, 2021

Indices closed mixed.....

Indices closed mixed while DOW, S&P 500 & small cap made a new closing all time high, Nasdaq resting below 50 DMA by 47 points. All indices closed near high of the day including Nasdaq.

S&P 500 @ 3943.34, high  3944.99, 3915.21

RSI @ 58.85

CMF @ -0.034

Internals were :

UP volume led by 2.10 to 1 in NYSE & 1.30 to 1 in Nasdaq

Advancing stocks led by 1.24 to 1 in NYSE & 1.14 to 1 in Nasdaq

Net new 52 wk highs were leading by 654 in NYSE & 469 in Nasdaq

VIX Down 5.57% @ 20.69

Oil @ $65.31

Gold @ $1719.80

Canadian $ @ .7527

Stocks which closed green included SQ VUZI SU

TRIP SU NCLH BB MRVL RCL SNAP AAL CCL

CLF SPWR GAN CIEN DAL HST UBER NVAX 

EAT BA UAL EXPE JWN FSLR MS X M....

In my portfolio :

Sold CPNG @ $49.25

Sold CNX @ $15.24

Added 50% SQ @ $238.80

Added 50% NIO @ $43.36 in pre market

Added 200% TSM @ $118.30

Here is my portfolio weighting ;

SQ            43.53%

AAPL       21.76%

TSM        12.76%

MGM      11.20%

NIO         8.18%

NVTA     2.57%

Next post by 6 PM on Sunday

BLOG does NOT give buy or sell.

Saleem


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