Monday, April 19, 2021

Indices closed down .36% to .98%....

 Indices closed down.

S&P 500 @ 4163.26, low 4150.47, high 4180.81

RSI @ 69.66

CMF @ 0.257

Internals were :

Down volume led by 1.51 to 1 in NYSE & 1.33 to 1 in Nasdaq

Declining stocks led by 2.08 to 1 in NYSE & 2.62 to 1 in Nasdaq

Net new 52 wk highs were leading by 329 in NYSE & 40 in Nasdaq

VIX UP 6.40% @ 17.29

Oil @ $63.38

Gold @ $1770.60

Canadian $ @ .7461

Portfolio APA CNX AG HST MGM NIO BTCC-U-TO SU

Stocks which were UP 1% or more included APA NIO

FUBO SCHW EAT BZUN AEM NFLX MS CMG

TLRY ACB.....

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was under selling pressure whole day closing slightly above low of the day. Internals were weak. Earnings are generally better than expected for CMG & IBM tonight. NFLX will set the tone for technology stocks which is taking on the chin, semis are weak. Zinc Copper seems to be the flavor of the moment.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Added a little ESTC @ 120.70

I'm still cautious on the market status, so I'll be deliberate in deploying capital here.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought PATH @ 65.83

Tech of the future and low float - will give it a chance.

Stocktrader