Monday, June 28, 2021

Indices closed mixed...

 Indices closed mixed.

S&P 500 @ 4290.61, high 4292.14, low 4274.67

RSI @ 63.71

CMF @ 0.133

Internals were :

Down volume led by 2.27 to 1 in NYSE & .54 to 1 in Nasdaq

Declining stocks led by 1.38 to 1 in NYSE & 1.11 to 1 in Nasdaq

Net new 52 wk highs were leading by 210 in NYSE & 178 in Nasdaq

VIX UP .90% @ 15.76

Oil @ $72.91

Gold @ $1780.70

Canadian $ @ .7671

In my portfolio :

Sold SOL @ $9.30

Added 100% HST @ $16.80

Bought MGM @ $42.38

Portfolio CNX AG HST MGM NIO WEED NCLH UAL

Stocks which were UP 1% or more included NIO WEED SOL

BB LSPD PLTR COIN VUZI TSM AAPL ROKU MRVL

FSLR QRVO SWKS RIOT MSTR RIDE PINS RUN

CSIQ JKS ENPH SPWR ZM ASML BYND NVDA

FB TSLA AMAT QS OSTK TLRY....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE closed mixed with S&P 500 & Nasdaq closed @ a new all time high. It was a strong day for most technology stocks and solar stocks with double digit gains. Oil was down and most cruise lines and airline were sharply lower. Surprisingly internals were mostly negative, not a good technical pattern for record close.

BLOG does NOT give buy or sell.

Saleem

4 comments:

Stocks100 said...

Hi Stocktrader,

Sold AG @ $15.25

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with new pick - dollar has strengthened recently to the surprise of many.

Stocktrader

Stocks100 said...


Hi Stocktrader,

YES...that includes me that US$ is behaving strong with 1.50% 10 year rate.

Thus time to get away from non productive strategy!

Saleem

stocktrader_1996 said...

Hi Saleem,

Trimmed DDD @ 38.88
Trimmed BHVN @ 97.64

These had gotten large due to recent runs, so I brought them back to equal weights.

Stocktrader