Tuesday, October 12, 2021

Indices closed down .14% to .34%......

 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:

stocktrader_1996 said...

Hi Saleem,

I've been trying to find room to rebuy QRVO all day and can't find it - I'll keep searching!

Stocktrader

Stocks100 said...


Hi Stocktrader,

You cannot love all stocks the same.....

Maybe look @ unloading your hedge & go all in....

Saleem

stocktrader_1996 said...

Hi Saleem,

Check out my trades from yesterday :)

Stocktrader

stocktrader_1996 said...

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

Stocks100 said...


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