Wednesday, September 29, 2021

Indices closed mixed....

 Indices closed mixed.

S&P 500 @ 4359.46, high 4385.57, low 4355.08

RSI @ 39.22

CMF @ -0.222

Internals were :

UP volume led by 1.13 to 1 in NYSE & .92 to 1 in Nasdaq

Advancing stocks led by 1.26 to 1 in NYSE & .74 to 1 in Nasdaq

Net new 52 wk lows were leading by 42 in NYSE & 111 in Nasdaq

VIX Down 2.97% @ 22.56

Oil @ $74.83

Gold @ $1722.90

Canadian $ @ .7247

Portfolio CNX HST MGM WEED LSPD NCLH PLTR RIOT UAL XPEV 

Stocks which closed green included GE AAPL CNQ

IBM PFE KL AEM DDOG ELF DHI PHM BA

VICR TSLA NFLX LNG MA V NKE CMG....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE closed mixed with weakness in Nasdaq & its internals. Market is trying to digest Fed testimony this week and direction / impact of higher interest rates on profitability. Rotation has taken hold and there is a shift towards Energy. We are still holding support levels in major indices which is a good thing.

BLOG does NOT give buy or sell.

Saleem

3 comments:

stocktrader_1996 said...

Hi Saleem,

Trimmed some SQQQ @ 8.54

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought ESTC @ 149.99 to give the portfolio better balance

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with ESTC...

Saleem