Monday, June 21, 2021

Indices closed UP .79% to 1.76%....NICE !!!!

 Indices closed UP.

S&P 500 @ 4224.79, high 4226.24, low 4173.40

RSI @ 54.31

CMF @ -0.016

Internals were :

UP volume led by 6.73 to 1 in NYSE & 1.89 to 1 in Nasdaq

Advancing stocks led by 2.86 to 1 in NYSE & 1.44 to 1 in Nasdaq

Net new 52 wk highs were leading by 111 in NYSE & 47 in Nasdaq

VIX Down 13.57% @ 17.89

Oil @ $73.66

Gold @ $1782.90

Canadian $ @ .7628

Portfolio CNX AG HST MGM NIO WEED NCLH SOL UAL

Stocks which were UP 3% or more included CNX MGM NCLH 

CCJ SU CNQ OXY SLB RIG GE TECK APA LSPD BYD

ROKU BMBL FUBO SCHW DASH PENN EAT KRA 

MRNA EXPE DDD JWN JKS WYNN MGA...

AH Futures UP

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE was strong and went to its old trusted " rotational mode " It was Energy & Financials in focus for the most part, other sectors like gaming came on board. Today Internals were strong. Technology stocks also was participating which IS very healthy. Expect Tuesday to be positive also despite Fed chief speaking.

BLOG does NOT give buy or sell.

Saleem

3 comments:

stocktrader_1996 said...

Hi Saleem,

Bought ZIP @ 22.98

Bought FSLR @ 78.22

With a job market having a hard time finding candidates, I think ZIP can provide great solutions for companies.

FSLR is leading the charge in solar and has rested here.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought SOXS @ 8.365 for more hedge

I think semiconductors could get hit hard here on supply constraints finally relieving putting pressure on margins and a double-ordering hangover.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with ZIP FSLR & SOXS

Saleem