Thursday, June 24, 2021

Indices closed UP .58% to .95%...NICE !!!!

 Indices closed UP.

S&P 500 @ 4266.49, high 4271.28, low 4256.97

RSI @ 60.35

CMF @ -0.017

Internals were :

UP volume led by 3.23 to 1 in NYSE & 2.61 to 1 in Nasdaq

Advancing stocks led by 2.29 to 1 in NYSE & 2.45 to 1 in Nasdaq

Net new 52 wk highs were leading by 288 in NYSE & 144 in Nasdaq

VIX Down 2.14% @ 15.97

Oil @ $73.30

Gold @ $1776.70

Canadian $ @ ,7659

In my portfolio Sold MGM in AH @ $44.38

Portfolio CNX AG HST NIO WEED NCLH SOL UAL

Stocks which were UP 1% or more included CNX WEED.TO MGM

CCJ GE TECK SQ LSPD ACB M X BMBL PYPL FSLR TWTR

QRVO SNAP SWKS MGNI RIOT MSTR BIDU PINS AMD

SPWR NXPI GOOS PDD TER BZUN OXY MGA ULTA...

AH Futures Mixed

AH Asian Markets UP

AH Oil UP

AH Gold Down

About market, TAPE has been on a roll for last 3 days which took S&P 500 & Nasdaq on a new all time closing high. Internals were mostly positive. We got lot of good news to give this market a lift, how much more left, not much based on VIX mostly which IS 15.97 @ low end of its range. RSI also in 60.35 not in bargain area more like fully valued. I am less than 50% of my normal exposure FWIW.

BLOG does NOT give buy or sell.

Saleem

1 comment:

Stocks100 said...


Hi Stocktrader,

Added 50% UAL @ $54.48

Saleem