Indices closed UP and @ high of the day with all time high closing in DOW & S&P 500. Internals were extremely weak for a record high closing.
S&P 500 @ 4128.80, high 4129.48, low 4095.51
RSI @ 72.17
CMF @ 0.251
Internals were :
UP volume led by 1.13 to 1 in NYSE & .81 to 1 in Nasdaq
Advancing stocks led by 1.19 to 1 in NYSE & .81 to 1 in Nasdaq
Net new 52 wk highs were leading by 374 in NYSE & 145 in Nasdaq
VIX Down 1.53% @ 16.69......16.20 was the low of the day and YTD & 52 wks...
Oil @ $59.32
Gold $1744.80
Canadian $ .7455
Stocks which closed UP1% or more included AAPL SQ
LULU ACB CGC CCL MGNI FUBO SCHW MSTR
DASH SPWR DKNG INTC MSFT PANW TOL
KBH DHI PHM KRA UPS MRNA NKE AMZN
SPLK JWN YELP M ....
In my portfolio :
Bought TECK @ $19.80
Sold AAPL in After Hour @ $132.98
Sold SQ near close @ $262.80
Sold TSM near close @ $122.55
Here is my portfolio weighting...reduced my exposure to only 35% :
SU 27.05%
NIO 17.24%
APA 15.61%
HST 14.64%
CNX 12.49%
TECK 8.96%
BTCC.U 4.01%
Next post around 6 PM on Sunday
BLOG does NOT give buy or sell
Saleem
1 comment:
Hi Saleem,
Good luck with TECK and the sells.
Market is looking stretched here - good move to reduce exposure while we rest and look for good new setups.
Stocktrader
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