Thursday, October 14, 2021

Indices closed UP 1.56% to 1.73%....NICE !!!!

 Indices closed UP.

S&P 500 @ 4438.26, high 4439.73, low 4386.75

RSI @ 55.00

CMF @ -0.164

Internals were :

UP volume led by 3.81 to 1 in NYSE & 1.90 to 1 in Nasdaq

Advancing stocks led by 3.58 to 1 in NYSE & 1.96 to 1 in Nasdaq

Net new 52 wk highs were leading by 176 in NYSE & 55 in Nasdaq

VIX Down 9.55% @ 16.86

Oil @ $81.31

Gold @ $1797.90

Canadian $ @ .7634

Portfolio CNX HST MGM XPEV NCLH RIOT SOL UAL

Stocks which were UP 1% or more included HST RIOT

HOOD AFRM CGC MU LULU AG BB APA LSPD

COIN M X TSM AAPL PYPL MRVL QCOM CNQ

SNAP SWKS FCX DASH AMD GAN MSFT TOL

NXPI CRWD ESTC KBH NVDA TWLO LRCX

GOOG SLB MS ULTA....

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was strong and closed @ high of the day. Key indices have conquered key resistance level, expectations / momentum should pull all indices into strong technical level. SOX did very well despite gloomy prediction of chip shortages which TSM guidance does not confirm. Many sectors participated in today's rally.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Made some adjustments:

Sold PSNL @ 20.07 on weak financials
Sold DDD @ 26.66 on poor price action during this bull move
Trimmed FSLR, AGCO, ESTC to take profits

Bought ELY @ 28.23 on increasing consumer spending and growth trajectory for TopGolf
Bought HCAT @ 48.69 on long term prospects
Added to GRWG @ 22.34 on a smart move being discounted inappropriately by markets

Stocktrader

Stocks100 said...


Hi Stocktrader,

Was tied up thus my late reply

Good move to take partial profit in FSLR AGCO ESTC

Good luck with new entry in ELY HCAT and more GRWG

Nice week for technicals $$$$

Saleem