Indices closed UP.
S&P 500 @ 4395.64, high 4416.75, low 4367.43
RSI @ 41.69
CMF @ -0.157
Internals were :
UP volume led by 5.32 to 1 in NYSE & 2.65 to 1 in Nasdaq
Advancing stocks led by 3.88 to 1 in NYSE & 2.40 to 1 in Nasdaq
Net new 52 wk high were leading by 57 in NYSE & low by 5 in Nasdaq
VIX Down 14.33% @ 20.87
Oil @ $72.23
Gold @ $1778.80
Canadian $ @ .7264
Portfolio CNX HST MGM WEED LSPD NCLH RIOT UAL XPEV
Stocks which were UP 4% or more included MGM WEED NCLH RIOT
HOOD AFRM SU APA M BMBL CNQ MGNI GAN PENN SEDG
BA OXY SPWR OSTK....
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE was higher from pre market to close, Internals were mixed. Fed policy statement was market friendly. Most sectors participated with reopen in the forefront. Chinese credit situation got reprieve thus Chinese stocks rebounded.
BLOG does NOT give buy or sell.
Saleem
Hi Saleem,
ReplyDeleteSold ACHR @ 9.17 on re-think
Stocktrader
Stocktrader,
ReplyDeleteMarket is flying north.....
Saleem
Hi Saleem,
ReplyDeleteI am highly skeptical of all speculative stocks right now given the ever-swamping supply of IPOs, SPACs, and secondary offerings. In my opinion, there's just too much stock for sale out there and will eventually result in all valuation having to come down in that area.
Stocktrader
ReplyDeleteHi Stocktrader,
That is a good read on current supply of stocks!!!!
Saleem