Wednesday, May 12, 2021

Indices closed down 1.99% to 2.67%....

 Indices closed down.

S&P 500 @ 4063.04, low 4056.88, high 4134.73

RSI @ 41.05

CMF @ 0.048

Internals were :

Down volume led by 5.65 to 1 in NYSE & 3.47 to 1 in Nasdaq

Declining stocks led by 6.05 to 1 in NYSE & 3.85 to 1 in Nasdaq

Net new 52 wk highs were leading by 39 in NYSE & lows by 67 in Nasdaq

VIX UP 26.33% @ 27.59

Oil @ $66.08

Gold @ $1822.80

Canadian $ @ .7893

In my portfolio Sold in last few seconds of regular market ACB @ $7.70

Portfolio CNX AG HST MGM NIO SQ

Stocks which closed green Included SU APA

CNQ FUBO NKLA PFE DADA CVX

WB YY OXY SLB....

AH Futures UP

AH Asian Markets Down

AH Oil & Gold Down

About market, TAPE was in a freefall with nowhere to hide, everything was down with few minor exception. Selling picked up in a frenzied manner when Copper Nickle Steels stocks all were sent down down down. We have to see how we close going forward to get a sense of direction of this tumbling market.

BLOG does NOT give buy or sell.

Saleem

3 comments:

  1. Hi Saleem,

    Sold AVLR @ 124.76 to raise cash

    Stocktrader

    ReplyDelete
  2. Hi Saleem,

    Bought PATH @ 53.58 after earnings

    Added to DDD @ 19.77
    Added small to GMBL @ 8.58

    Stocktrader

    ReplyDelete

  3. Hi Stocktrader,

    Good luck with PATH and more DDD & GMBL.

    Saleem

    ReplyDelete