Tuesday, March 16, 2021

Indices closed mixed.....

 Indices closed mixed.

S&P 500 @ 3962.71, low 3953.44, high 3981.04

RSI @ 60.25

CMF @ -0.019

Internals were :

Down volume led by 2.96 to 1 in NYSE & 1.86 to 1 in Nasdaq

Declining stocks led by 1.77 to 1 in NYSE & 2.30 to 1 in Nasdaq

Net new 52 wk highs were leading by 532 in NYSE & 259 in Nasdaq

VIX Down 1.20% @ 19.79

Oil @ $64.80

Gold @ $1730.90

Canadian $ @ .7547

In my portfolio ...Added 40% MGM @ $39.80

Portfolio AAPL NVTA MGM NIO SQ TSM

Stocks which closed green included AAPL TSM 

CNX QCOM QRVO SWKS BIDU PINS MU

INTC MSFT NXPI CIEN PDD NVAX MRNA

NVDA FB TWLO LRCX AMZN AMAT 

GOOG NFLX V......

AH Futures Mixed

AH Asian Markets Down

AH Oil UP

AH Gold Down

About market, TAPE clearly displayed that technology is back and closed green. AH Technology stocks earnings were good in CRWD. Internals were weak but VIX closed down and below 20 which is taken as bullish for stocks. Restart stocks went out of favor in a hurry. FANG were in demand and closed green.

BLOG does NOT give buy or sell.

Saleem


2 comments:

Stocks100 said...


Hi Stocktrader,

Bought HST @ $18.24

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with HST - more re-opening!

It seems the Fed is really going to let the economy run hot, so we'll have great growth and higher rates - might be a stocks tug-of-war for a while.

Stocktrader