Friday, May 7, 2021

Indices closed UP .66% to .88%....NICE!!!

 Indices closed UP after million dollar salaried economists could not add up job growth, who said math was an easy subject. Technology fared the-best in today's market. DOW & S&P 500 closed @ new all time high.

S&P 500 @ 4232.60, high 4238.04, low 4201.64

RSI @ 66.28

CMF @ 0.126

Internals were :

UP volume led by 3.79 to 1 in NYSE & 2.65 to 1 in Nasdaq

Advancing stocks led by 3.27 to 1 in NYSE & 2.13 to 1 in Nasdaq

Net new 52 wk highs were leading by 824 in NYSE & 212 in Nasdaq

VIX Down 9.24% @ 16.69

Oil @ $64.90

Gold @ $1831.30

Canadian $ @ .7860

Stocks which were UP 2% or more included ACB AG HST MGM SQ

SU TECK M X COIN BYD LULU ROKU NCLH RCL WYNN

SNAP CNQ AAL CCL MGNI FCX CLF SPWR SNOW NXPI

PENN GOOS CGC TOL MTCH NTAP DDOG KBH BA ASML

LRCX UAL EXPE JWN OXY SLB LNG WYNN MGA OSTK 

NKE TLRY.....

In my portfolio...bought VUZI @ $19.88

Here is my portfolio weighting :

SQ           29.65%

MGM       23.46%

CNX        13.77%

NIO         11.75%

AG          10.16%

HST          7.82%

VUZI        2.09%

ACB         1.30%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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