Indices closed UP.
S&P 500 @ 3939.34, high 3960.27, low 3915.54
RSI @ 58.50
CMF @ -0.055
Internals were :
UP volume led by 2.04 to 1 in NYSE & 6.51 to 1 in Nasdaq
Advancing stocks led by 3.10 to 1 in NYSE & 3.82 to 1 in Nasdaq
Net new 52 wk highs were leading by 721 in NYSE & 418 in Nasdaq
VIX Down 2.88% @ 21.91
Oil @ $66.02
Gold @ $1722.60
Canadian $ @ .7437
In my portfolio :
Sold VUZI @ $18.50
Bought CPNG @ $50.10 in After hours
Portfolio AAPL CNX CPNG NVTA MGM NIO SQ TSM
Stocks which were UP 4% or more included
CPNG NVTA MGM NIO SQ TSM VUZI
TRIP PYPL MRVL FSLR ACB TLRY CGC
QRVO SNAP TECK MGNI FUBO RIOT FCX
CLF DASH BIDU PINS RUN SPWR SEDG ENPH
AMD SNOW CSIQ MU PENN DOCU SHOP CIEN ZM
CRWD DDOG PDD NVAX MRNA NVDA TWLO TSLA YY
QS OXY TWTR OSTK X....
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE was strongest I have seen as most sectors participated in a major way with huge gains 11% UP was the norm. Internals were strong. DOW S&P IWM all made a new all time high, Nasdaq also crawled back UP above 50 DMA. Keep rotating from high RSI to relatively lower RSI and keep booking profit.
BLOG does NOT give buy or sell.
Saleem
8 comments:
HI stocktrader,
Added 50% NIO @ $43.36 in pre market.....
Saleem
Hi Stocktrader,
Sold CPNG @ $49.25
Saleem
Hi Stocktrader,
Sold CNX @ $15.24
Saleem
Hi Saleem,
Good luck with the moves!
The market is not reacting too poorly given the spike in yield today - might set up for late rally.
Stocktrader
Hi Stocktrader,
Market is digesting gains after every UP day....a clearly defined pattern...
Good luck to you!
Saleem
Hi Stocktrader,
Added 50% SQ @ 238.80
Saleem
Hi Stocktrader,
Added 200% TSM @ $118.30
Saleem
Hi Saleem,
Good luck with the adds - feels like full and diversified exposure is appropriate here.
Stocktrader
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