Wednesday, September 15, 2021

Indices closed UP .68% to .85%....NICE !!!

 Indices closed UP.

S&P 500 @ 4480.70, high 4486.87, low 4438.37

RSI @ 52.30

CMF @ -0.051

Internals were :

UP volume led by 2.59 to 1 in NYSE & 1.71 to 1 in Nasdaq

Advancing stocks led by 2.15 to 1 in NYSE & 1.71 to 1 in Nasdaq

Net new 52 wk high were leading by 80 in NYSE & lows by 25 in Nasdaq

VIX Down 6.58% @ 18.18

Oil @ $72.61

Gold @ $1794.80

Canadian $ @ .7343

In my portfolio Sold PLTR @ $27.00

Portfolio CNX HST MGM WEED LSPD NCLH RIOT UAL XPEV

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

HOOD SU TECK APA ACB X BMBL TWTR CNQ LAC SCHW

FCX CLF MSTR DASH DADA DOCU TOL CVX FFIV SNAP

OXY SLB LNG NTNX JKS TLRY.....

AH Futures UP

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE was strong whole day and closed near high of the day. Internals were mostly positive. Oil & Energy stocks continued their strength with Nat gas @ 7 year high. Metals & copper, nickel stocks were strong also. The question IS, can we get 2 days in a row in same direction mostly positive....may be this time.

BLOG does NOT give buy or sell.

Saleem

4 comments:

stocktrader_1996 said...

Hi Saleem,

Wow:
https://www.aaii.com/sentimentsurvey

Bullish sentiment has cratered. I don't know if this is a contrarian signal yet, but should be a powerful one soon. We can't get too bearish here.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Today bearish mood is adding to contrary signal.....more bear is better...

Saleem

Stocks100 said...


Hi Stocktrader,

Added 15% CNX @ $12.11

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with added CNX - good pullback chance

Stocktrader