Wednesday, April 28, 2021

Indices closed down .08% to .48%.....

 Indices closed down.

S&P 500 @ 4183.18, low 4181.78, high 4201.53

RSI @ 65.12

CMF @ 0.207

Internals were :

UP volume led by 1.72 to 1 in NYSE & 1.69 to 1 in Nasdaq

Advancing stocks led by 1.44 to 1 in NYSE & 1.27 to 1 in Nasdaq

Net new 52 wk highs were leading by 462 in NYSE & 156 in Nasdaq

VIX Down 1.59% @ 17.28

Oil @ $63.86

Gold @ $1773.90

Canadian $ @ .7642

In my portfolio :

Sold APA @ $20.50

Added 75% MGM @ $41.89 minutes before close.

Portfolio ACB CNX AG HST MGM NIO BTCC-U SQ SU

Stocks which were UP 2% or more included ACB CNX SU APA

VUZI SNAP RIOT LYFT SHOP CGC UBER CVX UPS 

PHM GOOG OXY SLB CVX LNG TLRY...

AH Futures UP

AH Asian Markets UP

AH Oil Down

AH Gold UP

About market, TAPE closed near low of the day while internals were positive. There was no surprise in Fed minutes or Q&A. There was anxious wait for earnings from AAPL & FB which were more than exceeding expectations. QCOM was way better than expectations. MGM also reported much better than expectations in both Sales & EPS with an easy beat. It is State of the Union address which could add to patriotic fervor and bullish mode.

BLOG does NOT give buy or sell.

Saleem


5 comments:

  1. Hi SAleem,

    Good luck with more MGM!

    Rebought AGCO @ 152.66 after a great quarter and guidance.

    Stocktrader

    ReplyDelete
  2. Hi Saleem,

    Bought QRVO @ 196.29 on the intraday pullback

    Stocktrader

    ReplyDelete

  3. Hi Stocktrader,

    Good luck with AGCO & QRVO

    Saleem

    ReplyDelete
  4. Hi Saleem,

    Bought a starter position in DDD @ 21.67

    Stocktrader

    ReplyDelete

  5. Hi Stocktrader,

    Good luck with DDD....more the better....

    Saleem

    ReplyDelete