Sunday, April 4, 2021

US stock market in " happy zone "

 US stock market is giving a very firm " buy buy buy signal "

Everything is falling in place.....

100 million vaccines given

Job growth in high gear...

10 year yield stuck in a defined range

S&P 500 made a new all time closing high....

Debate of growth & value is mute....

Value has shown growth..

Growth is showing value now...

Time has come when most boats will be lifted

Confusing stage from stock market has abated

Buy whatever you have faith in and stick with it

Nasdaq above 50 DMA

Russell 2000 above 50 DMA

VIX below 20 and no worries...start of a new VIX channel

Semiconductors are in vogue again

YES Airlines are in growth mode now...

All of the above proves with little patience and conviction everything works....

Those who are out of technology will be chasing those stocks @ much higher prices

This is a rare time in US stock market where Value & Growth should work and move much higher.

SO....you have done enough worrying, now put your stock picking skills to work, market may move quickly and should make higher highs which means " series of new all time highs..."

Good luck with your understanding of this TAPE and comfort level.

BLOG does NOT give buy or sell.

Saleem

4 comments:

stocktrader_1996 said...

Hi Saleem,

On vacation currently and forgot to do weekly numbers prior to departure but I believe it was a decent up week.

Love the full and diversified exposure right now. This is a stock market time we've rarely seen.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Last week UP 4.78%

YTD UP 1.40%

Enjoy your vacation...

Sold MGM @ $41.50

Saleem

Stocks100 said...


Hi Stocktrader,

Added 250% CNX @ $14.66

Saleem

Stocks100 said...


Hi Stocktrader,

Bought APA @ $17.54

Saleem