Tuesday, March 9, 2021

Indices closed UP .10% to 3.69%....NICE !!!!

 Indices closed UP.

S&P 500 @ 3875.44, high 3903.76, low 3851.93

RSI @ 52.68

CMF @ -0.043

Internals were :

UP volume led by 1.33 to 1 in NYSE & 7.29 to 1 in Nasdaq

Advancing stocks led by 1.78 to 1 in NYSE & 2.83 to 1 in Nasdaq

Net new 52 wk highs were leading by 341 in NYSE & 289 in Nasdaq

VIX Down 5.65% @ 24.03

Oil @ $64.01

Gold @ $1716.90

Canadian $ @ .7342

In my portfolio :

Bought VUZI @ $14.49 in pre market

Bought NVTA @ $38.50

Bought TSM @ $115.80

Portfolio AAPL CNX NVTA MGM NIO SQ TSM VUZI

Stocks which closed UP 4% or more included

AAPL NVTA NIO SQ VUZI

MRVL FSLR ACB TWTR QCOM AG QRVO SNAP

SWKS MGNI RIOT CLF MSTR BIDU RUN AMD

SPWR JKS CSIQ NXPI DADA PENN DOCU ZI

ROKU ZM CRWD DDOG ENPH PDD TER YY

NVDA TSLA LRCX NIU OLED QS AMAT 

FB MU OSTK CMG.....

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was strong as 10 year yield came down to 1.55 area, currently @ 1.542 a touch lower than during trading hours. Nasdaq stocks got the bid some were UP around 20% in a day, 10%+++ was more of a norm. There was a sigh of relief as Nasdaq was UP 3.69% @ close. There should be a follow thru to confirm that correction is over in Nasdaq.

BLOG does NOT give buy or sell.

Saleem


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