Monday, November 1, 2021

Indices closed UP .18% to .63%....NICE !!!

 Indices closed UP.

S&P 500 @ 4613.67, high 4520.34, low 4595.06

RSI @ 69.27

CMF @ 0.288

Internals were :

UP volume led by 3.94 to 1 in NYSE & 2.76 to 1 in Nasdaq

Advancing stocks led by 2.84 to 1 in NYSE & 3.05 to 1 in Nasdaq

Net new 52 wk highs were leading by 307 in NYSE & 257 in Nasdaq

VIX UP .92% @ 16.41

Oil @ $84.05

Gold @ $1795.80

Canadian $ @ .7641

Portfolio CNX HST MGM SNAP XPEV NCLH UAL

Stocks which were UP 4% or more included NCLH UAL BB

SOL CGC M VUZI SAVE ROKU NVTA RCL WYNN CCL

FUBO BIDU GAN PENN JD NVAX BZUN TSLA SOFI

DDD API AMD LVS TLRY....

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE surprised many by closing near high of the day, DOW, S&P 500, Nasdaq closed @ new all time high. Russell 2000 jumped the most and is staring @ new all time high, talk of confirmation from every major index, it is happening. Internals were very strong. Too many skeptics and shorts being caught off guard with their simplistic theory, its Fed tapering week thus indices will collapse, guess what, it is all priced in no surprise there.

BLOG does NOT give buy or sell.

Saleem

5 comments:

stocktrader_1996 said...

Hi Saleem,

Sold FSLR @ 118.87 to take profits

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Sold BLNK @ 31.93 to take profits (although a day late!)

Looking to buy PINS TWLO GMBL

Stocktrader

Stocks100 said...


Hi Stocktrader,

Nice profit in FSLR & BLNK

Good luck with next picks

Saleem

stocktrader_1996 said...

Hi Saleem,

Added to ZENV @ 10.00

I missed the GMBL entry, so will look for PINS maybe after earnings.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with more ZENV....

Saleem