Indices closed down.
S&P 500 @ 4400.27, low 4397.59, high 4454.32
RSI @ 49.66
CMF @ 0.268
Internals were :
Down volume led by 3.16 to 1 in NYSE & 1.01 to 1 in Nasdaq
Declining stocks led by 2.43 to 1 in NYSE & 1.46 to 1 in Nasdaq
Net new 52 wk high were leading by 5 in NYSE & lows by 96 in Nasdaq
VIX UP 20.44% @ 21.57
Oil @ $65.46
Gold @ $1784.40
Canadian $ @ .7358
Portfolio CNX HST MGM WEED NCLH PLTR RIOT UAL XPEV
Stocks which were UP 1% or more included MGM PLTR XPEV
HOOD SOL NIO X TRIP BMBL LAC CCL CLF DASH GAN
DKNG GOOS MTCH ESTC PDD JD LITE EAT WB TSLA
DDD YELP TLRY.....
AH Futures UP
AH Asian Markets Down
AH Oil Down
AH Gold UP
About market, TAPE ended near low of the day on Fed minutes which noted all the strength & Fed goals to start taper has been met thus there was immediate selling by High Frequency Traders. Now that selling is out of the way, market can start rebuilding again, hopefully Nasdaq 50 DMA will hold by close on Thursday.
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hi Saleem,
Sold BHVN @ 117.50
Bought ZENV @ 12.57
An emerging market growth story that has a looong way to run. Analysts love the story and valuation, and assuming investors will give it proper attention, it could run for a while.
Stocktrader
Hi Saleem,
Oh, also added a little ZIP @ 22.98 with extra available cash
Stocktrader
Hi Stocktrader,
Good luck with ZENV & ZIP.....must be " Z day "
Saleem
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