Thursday, May 13, 2021

Indices closed UP .72% to 1.29%...NICE !!!!

 Indices closed UP.

S&P 500 @ 4112.50, high 4131.58, low 4074.95

RSI @ 47.65

CMF @ 0.025

Internals were :

UP volume led by 1.85 to 1 in NYSE & .72 to 1 in Nasdaq

Advancing stocks led by 1.91 to 1 in NYSE & 1.06 to 1 in Nasdaq

Net new 52 wk lows were leading by 26 in NYSE & 162 in Nasdaq

VIX Down 16.17% @ 23.13

Oil @ $63.82

Gold @ $1824.00

Canadian $ .7849

Portfolio CNX AG HST MGM NIO SQ

Stocks which closed green included HST MGM

BYD JBLU AAPL WYNN QCOM DASH IBM 

MSFT NXPI NEM CIEN TOL DAL NTAP KBH 

UPS TER ASML LRCX UAL AMAT GOOG

NYNX YELP LVS MGA ORCL MS ULTA V...

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE tried to recover and closed green but off the best level of the day. Internals were mixed. We need this phase to pass then we may have a clear direction. There was a huge relief today that Nasdaq had a pulse but most high fliers were negative on the day.

BLOG does NOT give buy or sell.

Saleem


7 comments:

stocktrader_1996 said...

Hi Saleem,

Sold PLAY @ 42.37 on valuation and underperformance

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought SUMO @ 16.48 on valuation and takeover potential

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with SUMO

Saleem

stocktrader_1996 said...

Hi Saleem,

Sold PLCE @ 74.27 on concerns about consumer spending

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with new pick!

Saleem

stocktrader_1996 said...

Hi Saleem,

Rebought AVLR @ 123.15 because I wanted full exposure and didn't have another good idea for now.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with AVLR.

Saleem