Tuesday, June 15, 2021

Indices closed down .20% to .71%.....

Indices closed down

S&P 500 @ 4246.59, low 4238.35, high 4257.16

RSI @ 61.34

CMF @ -0.015

Internals were :

Down volume led by 1.05 to 1 in NYSE & 1.80 to 1 in Nasdaq

Declining stocks led by 1.16 to 1 in NYSE & 1.16 to 1 in Nasdaq

Net new 52 wk highs were leading by 244 in NYSE & 115 in Nasdaq

VIX UP 3.84% @ 17.02

Oil @ $72.12

Gold @ $1856.40

Canadian $ @ .7794

In my portfolio Added 125% SOL @ $8.53

Portfolio CNX HST MGM WEED NCLH SOL

Stocks which closed green included CNX HST MGM

CCJ SU CNQ CVX SLB OXY GE APA X WYNN

SCHW CLF RIDE PINS MU SHOP TOL DHI 

PHM KBH NTAP KRA BA QS LVS MA 

X MSTR.....

AH Futures Mixed

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE followed a predictable pattern by closing down in key Indices. This TAPE is extremely vulnerable to any wording change which I expect Fed to do so, they deal in reality, when reality IS obvious wordings change in Fed statement which may not go well with an over enthusiastic followers. Internals were negative back to back which Is a not a good technical picture. Any buying should be done prior to close.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Trimmed some TZA @ 29.14

Bought UPST @ 118.56

An AI approach to lending, it looks to be in early innings still.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with UPST.

Saleem