Thursday, September 30, 2021

Indices closed down .44% to 1.59%....

 Indices closed down.

S&P 500 @ 4307.54, low 4306.24, high 4382.55

RSI @ 34.17

CMF @ -0.240

Internals were :

Down volume led by 2.78 to 1 in NYSE & .54 to 1 in Nasdaq

Declining stocks led by 1.74 to 1 in NYSE & 1.12 to 1 in Nasdaq

Net new 52 wk lows were leading by 29 in NYSE & 109 in Nasdaq

VIX UP 2.57% @ 23.14

Oil @ $75.03

Gold @ $1757.00

Canadian $ @ .7320

Portfolio CNX HST MGM WEED LSPD NCLH PLTR RIOT UAL XPEV

Stocks which closed UP 1% or more included RIOT XPEV

AFRM NIO AG CCJ BB SQ ROKU FSLR WYNN SNAP 

LAC FUBO AI MSTR RUN SPWR SNOW CSIQ MTCH 

DDOG TWLO SPLK NFLX AMD JKS PANW....

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was in a reversal mode and closed @ low of the day very close to S&P 500  4305.91 which is previous low. Technically today's action is extremely bearish and we may take out lows in every index, this may result in new lows and may get enough buyers in to do some kind of V formation. Stay home stocks fared well today, Solar stocks did well.

BLOG does NOT give buy or sell.

Saleem

9 comments:

stocktrader_1996 said...

Hi Saleem,

Trimmed TZA @ 30.87

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Trimmed SQQQ @ 8.71

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought CHK @ 62.24 on elevated energy prices worldwide

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought KRUS @ 44.47 for an experiential dining thesis and growing chain

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good moves in cashing in hedges$$$$$

Good luck with CHK & KRUS...

Saleem

Stocks100 said...


Hi Stocktrader,

Sold 60% WEED @ $16.88 in Toronto

Added 100% LSPD @ $121.40 in Toronto

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with the Canadian swap!

Stocktrader

Stocks100 said...


Hi Stocktrader,

Sold remaining WEED @ $16.90

Added 80% RIOT @ $26.36

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with more shifts - market is ever-evolving!

Stocktrader