Tuesday, September 28, 2021

Indices closed down 1.63% to 2.83%.....

 Indices closed down.

S&P 500 @ 4352.63, low 4346.33, high 4419.54

RSI @ 38.11

CMF @ -0.193

Internals were :

Down volume led by 4.22 to 1 in NYSE & 3.50 to 1 in Nasdaq

Declining stocks led by 4.35 to 1 in NYSE & 4.52 to 1 in Nasdaq

Net new 52 wk lows were leading by 22 in NYSE & 66 in Nasdaq

VIX  UP 23.93% @ 23.25

Oil @ $75.29

Gold @ $1737.50

Canadian $ @ .7303

Portfolio CNX HST MGM WEED LSPD NCLH PLTR RIOT UAL XPEV

Stocks which were UP included ACB M NEM BABA SLB LNG

AH Futures UP

AH Asian Markets Down

AH Oil & Gold Down

About market, TAPE was under selling pressure and ended up testing support in all indices, so far it all held support. S&P 500 low of last week @ 4305.91 should hold in any further pullback. Technicians & strategists were all out looking for usual 10% pullback, they have been plain wrong about each pullback for many many months and may be since pandemic.

BLOG does NOT give buy or sell.

Saleem

5 comments:

stocktrader_1996 said...

Hi Saleem,

Added to FDX @ 223.00

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought AA @ 51.60 on aluminum shortages

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with AA & more FDX

Saleem

stocktrader_1996 said...

Hi Saleem,

Added to TZA @ 30.01

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with more TZA....

Saleem