Wednesday, September 8, 2021

Indices closed down .13% to .57%....

 Indices closed down.

S&P 500 @ 4514.07, low 4493.95, high 452179

RSI @ 60.42

CMF @ 0.228

Internals were :

Down volume led by 2.23 to 1 in NYSE & 1.63 to 1 in Nasdaq

Declining stocks led by 1.71 to 1 in NYSE & 2.18 to 1 in Nasdaq

Net new 52 wk highs were leading by 90 in NYSE & 29 in Nasdaq

VIX Down .99% @ 17.96

Oil @ $69.30

Gold @ $1793.50

Canadian $ @ .7316

Portfolio CNX HST MGM WEED LSPD NCLH PLTR RIOT UAL XPEV

Stocks which were UP 1% or more included CNX

FSLR DASH SNOW CIEN DDOG EAT FEYE

CRUS MA MCD CMG V

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was negative until close, internals were negative. Indices marking time until more clarity about Delta variant impact on world economies. This is a much needed pause which is healthy. Try to reposition your portfolio with better mix.

BLOG does NOT give buy or sell.

Saleem


3 comments:

stocktrader_1996 said...

Hi Saleem,

Sold TPR @ 40.77 on a rethink of the areas of consumer spending

Bought small positions in:
GOEV @ 7.39
BLNK @ 32.24

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Trimmed a little DD @ 32.18 and added to GOEV @ 7.28

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with more GOEV & BLNK ....

Saleem