Wednesday, April 14, 2021

Indices closed mixed....

 Indices closed mixed.

S&P 500 @ 4124.66, low 4120.87, high 4151.69

RSI @ 69.37

CMF @ 0.193

Internals were :

UP volume led by 1.96 to 1 in NYSE & .66 to 1 in Nasdaq

Advancing stocks led by 1.45 to 1 in NYSE & 1.21 to 1 in Nasdaq

Net new 52 wk highs were leading by 472 in NYSE & 159 in Nasdaq

VIX UP 2.04% @ 16.99

Oil @ $63.15

Gold @ $1736.90

Canadian $ @ .7481

Portfolio APA CNX AG HST NIO BTCC.U SU TECK

Stocks which were UP 2% or more included

APA CNX SU TECK

X CNQ FCX CLF AI

NTAP NVAX MRNA

JWN OXY SLB.....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE closed mixed with only DOW & Russell 2000 closing higher. DOW & S&P 500 made a new all time high on an Intraday basis doing a reversal in the process. Nasdaq was the weakest with major losses in key technology stocks, Nasdaq weakness is a slow process to give hope one day and collapsing next day.

BLOG does NOT give buy or sell.

Saleem

6 comments:

stocktrader_1996 said...

Hi Saleem,

Sold EH @ 27.95 on severe underperformance as the market hits new highs

Stocktrader

Stocks100 said...

Hi Stocktrader,

Good luck with next idea!

Saleem

Stocks100 said...


Hi Stocktrader,

Sold TECK @ $22.15

Saleem

Stocks100 said...


Hi Stocktrader,

Bought MGM @ $40.15

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with the moves!

I feel like the market is whistling its way towards a big down day now.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Market gives many signal of topping out in TAPE action & Internals...BUT most go with headlines only.....

Saleem