Monday, March 1, 2021

Indices closed UP 1.95% to 3.01%....NICE !!!!

 Indices closed UP.

S&P 500 @ 3901.82, high 3914.50, low 3842.51

RSI @ 55.34

CMF @ 0.223

Internals were :

UP volume led by 4.95 to 1 in NYSE & 4.98 to 1 in Nasdaq

Advancing stocks led by 3.80 to 1 in NYSE & 4.29 to 1 in Nasdaq

Net new 52 wk highs were leading by 231 in NYSE & 178 in Nasdaq

VIX Down 16.46% @ 23.35

Oil @ $60.64

Gold @ $1723.00

Canadian $ .7343

In my portfolio Bought NIO in AH @ $46.70

Portfolio AAPL CNX MRVL NIO SQ SU

Stocks which were UP 4% or more included AAPL CNX NIO SQ

BB FSLR RUN SPWR CSIQ SEDG ENPH VUZI ACB QRVO 

SWKS CNQ MGNI FUBO RIOT CLF MSTR BIDU DKNG 

GAN PENN GOOS ZI CGC ZM UBER PDD JD EAT KRA

TER BA LSCC HUYA MOMO BZUN TSLA LRCX SPLK

YY ROKU OSTK ULTA X....

AH Futures Mixed

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was in a celebrating mood with more vaccine coming into play. Indices were in full bull mode as stimulus passed house vote. It was a rally where most sectors participated stay home and opening both were strong and stayed strong, most boats were lifted. Tuesday should be a positive close.

BLOG does NOT give buy or sell.

Saleem

5 comments:

stocktrader_1996 said...

Hi Saleem,

Despite the levels of this market, I think some small speculation is fun and necessary (as is usually the case). Good luck with your NIO!

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Added to MTCH @ 154.24 on re-opening prospects

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought HUBS @ 522.20 on relative strength and small business exposure

Bought MOMO @ 16.99 on PT raise to $32 on dating app prospects

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought starter position in GMBL @ 19.54 on pure play e-sports

Added to EH @ 47.62
Added to SUMO @ 29.51
Added to GRWG @ 50.72

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with many additions and new MTCH HUBS MOMO....

Saleem