Indices closed down.
S&P 500 @ 4350.65, low 4342.09, high 4374.89
RSI @ 43.91
CMF @ -0.177
Internals were :
UP volume led by 1.15 to 1 in NYSE & 1.94 to 1 in Nasdaq
Advancing stocks led by 1.38 to 1 in NYSE & 1.42 to 1 in Nasdaq
Net new 52 wk high were leading by 15 in NYSE & lows by 59 in Nasdaq
VIX Down .75% @ 19.85
Oil @ $80.64
Gold @ $1759.30
Canadian $ @ .7556
Portfolio CNX HST MGM XPEV NCLH RIOT SOL UAL
Stocks which were UP 1% or more included MGM NCLH SOL UAL
AFRM AG CCJ TECK SQ APA M X BYD JBLU BMBL FSLR
RUN ENPH SEDG CSIQ JKS SPWR RCL CCL WYNN LVS
SNAP PAAS LAC MGNI PENN MTCH CRWD ESTC DDOG
BYND QS NKE....
AH Futures Down
AH Asian Market Mixed
AH Oil Down
AH Gold UP
About market, TAPE opened higher but lost steam by close and closed lower. Market is waiting for Fed to deal with runaway inflation which seems to be getting some attention. Fed minutes will be released by 2 PM and will provide some insight to their voting pattern, any majority agreement to deal with inflation may spark a rally.
BLOG does NOT give buy or sell.
Saleem
5 comments:
Hi Saleem,
I've been trying to find room to rebuy QRVO all day and can't find it - I'll keep searching!
Stocktrader
Hi Stocktrader,
You cannot love all stocks the same.....
Maybe look @ unloading your hedge & go all in....
Saleem
Hi Saleem,
Check out my trades from yesterday :)
Stocktrader
Hi Saleem,
Sold EMR @ 91.93 on sluggish price action and merely reiterated guidance after the software announcement
Bought QRVO @ 159.50 on the major recent dip and bad news being priced in
Stocktrader
Hi Stocktrader,
YES...just saw your trades from yesterday, sorry missed it completely...
Good luck with all your buys from yesterday plus your new position in QRVO...your second handle could be QRVOtrader after Snaptrader....
Good luck with all your purchases....
Saleem
Post a Comment