Monday, April 12, 2021

Indices closed down .02% to .36%....

 Indices closed down.

S&P 500 @ 4127.99, low 4114.82, high 4131.76

RSI @ 72.00

CMF @ 0.233

Internals were :

Down volume led by 1.26 to 1 in NYSE & 2.77 to 1 in Nasdaq

Declining stocks led by 1.08 to 1 in NYSE & 1.82 to 1 in Nasdaq

Net new 52 wk highs were leading by 418 in NYSE & 107 in Nasdaq

VIX UP 1.32% @ 16.91

Oil @ $59.70

Gold @ $1732.70

Canadian $ @ .7439

In my portfolio Bought AG @ $17.31

Portfolio APA CNX AG HST NIO BTCC.U SU TECK

Stocks which closed green included BTCC.U tsx

SQ LULU PYPL QRVO MSTR DASH SNOW

MU PANW DOCU PLAN MTCH CRWD M

ESTC ENPH LITE NKE VICR BYND CMG

NVDA TWLO TSLA AMZN SPLK BABA

FEYE ORCL OSTK ULTA....

AH Futures Mixed

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was under mild selling pressure, by close Nasdaq stocks were mostly negative. Internals were negative. Tomorrow inflation data will set the tone as to the direction of this TAPE. Keep an eye on how we close.

BLOG does NOT give buy or sell.

Saleem

5 comments:

stocktrader_1996 said...

Hi Saleem,

Good luck with AG - market still seems shaky.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Did some selling:

Sold PLAN @ 62.93
Sold GRWG @ 53.09
Sold TPR @ 44.39
Sold SUMO @ 19.84
Sold LYFT @ 59.65

A combination of taking profits and selling underperformers.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with your strategy!

Saleem

stocktrader_1996 said...

Hi Saleem,

Bought a speculative position in GMBL @ 12.77

A pure-play esports broadcasting and soon gambling platform with reasonable valuation.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with GMBL....." speculation is good "

Saleem