Thursday, September 2, 2021

Indices closed UP .14% to .37%....NICE !!!!

 Indices closed UP.

S&P 500 @ 4536.95, high 4545.85, low 4524.66

RSI @ 66.63

CMF @ 0.215

Internals were :

UP volume led by 2.06 to 1 in NYSE & 2.05 to 1 in Nasdaq

Advancing stocks led by 1.98 to 1 in NYSE & 1.70 to 1 in Nasdaq

Net new 52 wk highs were leading by 278 in NYSE & 206 in Nasdaq

VIX UP 1.86% @ 16.41

Oil @ $69.99

Gold @ $1811.50

Canadian $ @ .7436

Portfolio CNX HST MGM WEED NCLH PLTR RIOT UAL XPEV

Stocks which were UP 1% or more included

CNX WEED NCLH PLTR UAL 

AFRM NIO SU CNQ SLB OXY LNG

CCJ GE TECK APA LSPD ACB TLRY

NVTA BMBL WYNN GAN LAC CCL

MGNI FCX DKNG SNOW LYFT UBER

PLAN KL CIEN DAL MTCH CVX BA

ASML DDD JKS SOL MGA....

AH Futures UP

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE closed UP with S&P 500 and Nasdaq making a new all time high. Unemployment claims came in lower than expected which bodes well for tomorrow's jobs report. Internals were positive. Restart stocks were strong today and may do the same IF jobs report is better than expected.

BLOG does NOT give buy or sell.

Saleem

4 comments:

stocktrader_1996 said...

Hi Saleem,

Trimmed a little ESTC @ 170.99 on the strong run

Stocktrader

Stocks100 said...

Hi Stocktrader,

Added 70% WEED.TO @ $21.16

Good idea to take profit from rocket run in Elastic.....

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with additional positioning!

I was tempted to add to GRWG today but I'll look next week at a variety of my lower weighted positions. I have about 4% cash.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

If I referenced your ticker specifically it kept auto-deleting my message after I tried to post - finally figured out a way around it! lol

Stocktrader