Tuesday, May 4, 2021

Indices closed mixed....

 Indices closed mixed.

S&P 500 @ 4164.66, low 4128.50, high 4179.04

RSI @ 57.90

CMF @ 0.172

Internals were :

Down volume led by 1.59 to 1 in NYSE & 1.47 to 1 in Nasdaq

Declining stocks led by 1.47 to 1 in NYSE & 2.57 to 1 in Nasdaq

Net new 52 wk highs were leading by 331 in NYSE & 27 in Nasdaq

VIX UP 6.39% @ 19.48

Oil @ $65.69

Gold @ $1776.00

Canadian $ @ .7677

In my portfolio.....Sold BTCC-U.TO @ $10.35

Portfolio ACB CNX AG HST MGM NIO SQ SU

Stocks which closed green included TECK X VUZI MRVL

FCX CLF AMD IBM SHOP CGC TOL NTAP CVX EAT

DHI PHM CRUS SLB NTNX LNG ORCL MS......

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was under selling pressure and it really looked ugly with 300 points losses in DOW & Nasdaq then buying kicked in big time in DOW stocks which closed green, a perfect close and confirms that we may have completed pullback in DOW stocks for sure. Nasdaq is the BIG IF, we just have to see where it goes in near term.

BLOG does NOT give buy or sell.

Saleem


6 comments:

stocktrader_1996 said...

Hi Saleem,

Good luck with new funds after selling bitcoin.

Added to GRWG @ 42.56

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought small EH @ 23.28

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with EH and more GRWG...

Saleem

Stocks100 said...


Hi Stocktrader,

Added 40% CNX @ $13.57

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with more CNX!

Added a little to:

DDD @ 18.94
EH @ 22.71
GMBL @ 11.81

My smallest and most speculative - I think the selling it nearing the end.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with more DDD EH GMBL

Saleem