Monday, May 17, 2021

Indices closed down .16% to .38%....

 Indices closed down.

S&P 500 @ 4163.29, low 4142.69, high 4171.92

RSI @ 53.18

CMF @ 0.060

Internals were :

UP volume led by 1.80 to 1 in NYSE & 1.52 to 1 in Nasdaq

Advancing stocks led by 1.13 to 1 in NYSE & 1.04 to 1 in Nasdaq

Net new 52 wk highs were leading by 183 in NYSE & 42 in Nasdaq

VIX UP 4.89% @ 19.72

Oil @ $66.27

Gold @ $1867.60

Canadian $ @ .7923

In my portfolio bought PLTR @ $20.10

Portfolio CNX AG HST MGM NIO PLTR SQ

Stocks which were UP 3% or more included CNX AG

SU TECK M PAAS FCX CLF GOLD NEM KL

FSR JWN AAL OXY SLB OSTK X TLRY....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was searching for direction against 2 days rally, only Energy, Steels & Base Metals were in demand. Technology seems to have lot of sell these days. 52 wk high list is a great place to find winners in a difficult market. Internals were positive.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Sold QRVO @ 171.94 on chip sluggishness

Bought DV @ 29.94 on positive analyst initiations

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with DV...

Saleem