Indices closed mixed.
S&P 500 @ 4690.70, high 4699.39, low 4652.66
RSI @ 64.26
CMF @ 0.072
Internals were :
Down volume led by .78 to 1 in NYSE & 1.06 to 1 in Nasdaq
Declining stocks led by 1.27 to 1 in NYSE & 1.39 to 1 in Nasdaq
Net new 52 wk lows were leading by 166 in NYSE & 416 in Nasdaq
VIX UP 1.10% @ 19.38
Oil @ $78.50
Gold @ $1783.80
Canadian $ @ .7284
In my portfolio :
Sold XPEV @ $51.20
Added 60% MGM @ $42.51
Portfolio CNX HST MGM SNAP NCLH UAL
Stocks which were UP 2% or more included HST SNAP XPEV
AFRM BITO SU CCJ APA CNQ FCX TD KBH JD CVX
WB LRCX EXPE OXY SLB MA MS.....
AH Futures Mixed
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE was mixed @ close with DOW firmly UP with S&P 500 closing green, Nasdaq was weak again and closed lower, this confirmation of down cycle for Nasdaq is very disturbing for overall market as majority of investors & traders are technology focus. This TAPE has become very difficult, booking any profit has to be a very high priority. Only Oil / Energy sector seems to have bullish trend.
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hi Saleem,
Good luck with more MGM!
Sold IONQ @ 25.22
Sold BLNK @ 38.94
Getting rid of the most speculative names and raising cash for opportunities.
Stocktrader
Hi Saleem,
Added to some underweights:
Added to GMBL @ 5.20
Added to BMEA @ 11.06
Added to FSLR @ 105.29
Enough cash for one position.
Stocktrader
Hi stocktrader,
Good luck with more of higher comfort level stocks....
Saleem
Post a Comment