Thursday, September 9, 2021

Indices closed down .25% to .46%.....

 Indices closed down.

S&P 500 @ 4493.28, low 4492.07, high 4529.90

RSI @ 55.09

CMF @ 0.143

Internals were :

UP volume led by 1.09 to 1 in NYSE & 2.00 to 1 in Nasdaq

Advancing stocks were leading by .97 to 1 in NYSE & 1.13 to 1 in Nasdaq

Net new 52 wk highs were leading by 91 in NYSE & 46 in Nasdaq

VIX UP 4.68% @ 18.80

Oil @ $68.14

Gold @ $1800.00

Canadian $ @ .7347

Portfolio CNX HST MGM WEED LSPD NCLH PLTR RIOT UAL XPEV

Stocks which were UP 2% or more included LSPD NCLH PLTR RIOT UAL

HOOD AFRM SOL BB TECK VUZI JBLU FSLR AAL CCL MGNI QS

FUBO DASH RIDE DADA DAL NTAP MRNA DDD....

AH Futures Mixed

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was UP then moved down and closed lower for 4 days in a row. There was strength in Airlines & cruise lines which is telling me that this pullback may be coming to an end. Stay well diversified as Delta variant issue is being digested by market.

BLOG does NOT give buy or sell.

Saleem

6 comments:

stocktrader_1996 said...

Hi Saleem,

Sold QRVO @ 179.90 on relative weakness

I wonder if the market is pricing in an iPhone bust this cycle?

Bought PLAY @ 37.19 on great earnings and guidance in spite of the recent delta variant concerns

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Added to ZENV @ 17.12

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with PLAY & more ZENV...

AAPL has some tough comparison ahead as software revenue may be impacted by todays ruling on providing link to other softwares....

Saleem

stocktrader_1996 said...

Hi Saleem,

Sold IRNT @ 23.99 to take profits

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought FCX @ 35.52 on surging copper prices and better relations with China

I didn't have a lot of cash left, so I might add to this later if I sell something next week.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with FCX.

Saleem