Indices closed down.
S&P 500 @ 4188.13, low 4182.52, high 4213.42
RSI @ 55.67
CMF @ 0.002
Internals were :
Down volume led by 2.21 to 1 in NYSE & .80 to 1 in Nasdaq
Declining stocks led by 1.53 to 1 in NYSE & 1.77 to 1 in Nasdaq
Net new 52 wk highs were leading by 226 in NYSE & 77 in Nasdaq
VIX UP 2.39% @ 18.84
Oil @ $66.07
Gold @ $1898.00
Canadian $ @ .7924
In my portfolio added 130% PLTR @ $21.32
Portfolio CNX AG HST MGM NIO PLTR SQ
Stocks which were UP 1% or more included AG MGM PLTR SQ
ACB TLRY CGC COIN LULU QRVO CCL BIDU PINS GAN
DKNG TOL KBH DHI DAL JD MRNA BA IQ ASML WB
UAL BYND AMAT ULTA ....
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE was all green then faded and closed near low of the day, Nasdaq did not get confirmation of this UP move by closing in red also. Josh Brown CNBC commentator made a very interesting analysis that may be things have changed for so many years and we are still stuck in PE based valuation and gave AMZN last 10 years of run as a solid proof, food for thought.
BLOG does NOT give buy or sell.
Saleem
5 comments:
Hi Saleem,
Bought a little TZA @ 32.81 for hedging purposes
I might add more later if I identify a stock I can sell to raise cash.
Stocktrader
Hi Saleem,
Sold FSLR @ 76.26 after disappointing performance
Bought more TZA @ 32.30
Stocktrader
Hi Stocktrader,
Good luck with TZA....
Saleem
Hi Saleem,
Sold PLCE @ 96.18 to take profits
Bought more TZA @ 32.26
Stocktrader
Hi Stocktrader,
Good luck with more++++ TZA
Saleem
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