Indices closed mixed.
S&P 500 @ 4436.75, high 4445.21, low 4430.03
RSI @ 61.88
CMF @ 0.166
Internals were :
UP volume led by 1.80 to 1 in NYSE & .76 to 1 in Nasdaq
Advancing stocks led by 1.19 to 1 in NYSE & .87 to 1 in Nasdaq
Net new 52 wk highs were leading by 162 in NYSE & 21 in Nasdaq
VIX UP .42% @ 16.79
Oil @ $68.29
Gold @ $1731.70
Canadian $ @ .7466
Portfolio CNX HST MGM WEED NCLH PLTR RIOT UAL XPEV
Stocks which were UP 2% or more included HST NCLH UAL
SU CCJ GE TECK FCX CLF APA M X JBLU RCL CNQ LAC
CCL FUBO DASH PFE CSIQ LYFT GOOS DAL ELF DDD
FSR JWN OXY MGA ULTA.....
AH Futures Down
AH Asian Markets UP
AH Oil UP
AH Gold Down
About market, TAPE closed mixed with Nasdaq down while DOW & S&P 500 in new all time highs. Internals were also mixed. Rotation is on which is good going forward. Stay in a well diversified portfolio with technology underweight & reopen stocks overweight.
BLOG does NOT give buy or sell.
Saleem
Hi Saleem,
ReplyDeleteSad times for DDD - filled 38 of 11000 at my limit price...
Executed 38 33.75 08/11/2021 9:36:17 AM ET
Remaining 10962
Stocktrader
Hi Saleem,
ReplyDeleteSold UPST @ 170.00 to take profits
This stock is very expensive even with spectacular growth. I think some insiders could see an opportunity to sell here.
Stocktrader
Hi Saleem,
ReplyDeleteBought the rest of DDD @ 34.49
10:09:09 34.49 10,962
Stocktrader
Hi Saleem,
ReplyDeleteBought LYFT @ 53.17 to increase re-opening exposure
I also think there's a chance for takeover by someone like UPS or GOOG/AAPL.
Stocktrader
Hi Saleem,
ReplyDeleteBought BMBL @ 47.00
I am mostly fully invested now with just a little cash for small adds to existing positions.
Stocktrader
Hi Saleem,
ReplyDeleteAdded to ESTC @ 148.75
Added to QRVO @ 187.65
Stocktrader
ReplyDeleteHi Stocktrader,
WOW what an action with DDD, good luck that you are all in.
Good luck with BMBL, LYFT and add on ESTC plus QRVO
Saleem