Wednesday, March 17, 2021

Indices closed UP .29% to .58%...NICE !!!

 Indices closed UP.

S&P 500 @ 3974.12, high 3983.87, low 3935.74

RSI @ 61.33

CMF @ -0.026

Internals were :

UP volume led by 2.39 to 1 in NYSE & 2.38 to 1 in Nasdaq

Advancing stocks led by 1.33 to 1 in NYSE & 1.46 to 1 in Nasdaq

Net new 52 wk highs were leading by 301 in NYSE & 1.46 to 1 in Nasdaq

VIX Down 2.83% @ 19.23

Oil @ $64.63

Gold @ $1727.10

Canadian $ @ .7522

In my portfolio Bought HST @ $18.24

Portfolio AAPL HST NVTA MGM NIO SQ TSM    

Stocks which were UP 3% or more included HST MGM 

TRIP ROKU VUZI PAAS RIOT FCX CLF MSTR MU

DKNG CGC TOL CRWD KBH DHI PHM TSLA AEM

UAL GS OXY MGA X.....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was strong after Fed policy statement and press conference where Fed was firm on creating all lost jobs of 10 million and will run higher inflation and hotter 6% GDP growth. Nasdaq should be on fire with this strategy. Start your technology engine.

BLOG does NOT give buy or sell.

Saleem

9 comments:

stocktrader_1996 said...

Hi Saleem,

Bought MTCH @ 150.75
Bought ENPH @ 158.25
Bought HUBS @ 453.75

Adding back some exposure with a re-opening, but tech, bias.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Added to FDX @ 265.86 as the world economies recover

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with FDX MTCH ENPH HUBS....

Saleem

stocktrader_1996 said...

Hi Saleem,

Bought AVLR @ 135.45
Bought PLAN @ 54.94

Looking for some names that might do well as we re-open, yet have pulled back significantly. We'll see how this goes...

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Added to QRVO @ 178.98
Added to SUMO @ 20.83

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought GRWG @ 53.20 on industry expansion and relative strength

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with more QRVO & SUMO

Saleem

stocktrader_1996 said...

Hi Saleem,

Bought PSNL @ 24.89
Added to SNAP @ 59.62
Bought EH @ 45.66

Adding more exposure on this dip. I think rates have peaked/stabilized, especially with energy prices really dropping today.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Sold MGM @ $40.30

Bought SU @ $22.06

Saleem