Indices closed UP.
S&P 500 @ 4655.27, high 4672.95, low 4625.26
RSI @ 53.66
CMF @ 0.048
Internals were :
UP volume led by 1.04 to 1 in NYSE & 1.03 to 1 in Nasdaq
Advancing stocks led by 1.31 to 1 in NYSE & .74 to 1 in Nasdaq
Net new 52 wk lows were leading by 128 in NYSE & 285 in Nasdaq
VIX Down 19.78% @ 22.96
Oil @ $69.95
Gold @ $1785.20
Canadian $ @ .7206
Portfolio CNX HST MGM SNAP NCLH UAL
Stocks which were UP 2% or more included SPWR LI AMAT
RIOT MU AG CCJ TECK APA CRM COIN SAVE AAPL
BMBL MRVL RCL QCOM CNQ LAC MSTR AMD
IBM CSIQ MSFT NXPI ESTC ENPH PDD MRNA
TSLA LRCX FSR JKS PANW.....
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE came back nicely from its Friday's slump. Internals were mixed. There is lot of concern about OMICRON variant as much is unknown but it is in most countries by now, there has not been any serious reaction yet. Scientist from South Africa who discovered this variant assured WHO and everyone that, based on what he has seen & observed, it is of mild reaction.
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hi Saleem,
Sold AXON @ 179.08 to take profits and raise cash
With catalysts lacking, chart stalled, and valuation rich, I thought it best to sell for a different opportunity.
Stocktrader
Hi Stocktrader,
Nice strategy to book profit.
Good luck with new pick!
Saleem
Hi Saleem,
Bought PHM @ 50.02
I think housing is a major theme going forward and valuation is reasonable.
Stocktrader
Hi Stocktrader,
Good luck with PHM.....
Saleem
Post a Comment