Indices closed down.
S&P 500 @ 4668.67, low 4651.84, high 4731.99
RSI @ 52.64
CMF @ -0.042
Internals were :
Down volume led by .97 to 1 in NYSE & 1.76 to 1 in Nasdaq
Declining stocks led by 1.03 to 1 in NYSE & 1.93 to 1 in Nasdaq
Net new 52 wk high were leading by 39 in NYSE & lows by 136 in Nasdaq
VIX UP 6.64% @ 20.57
Oil @ $72.38
Gold @ $1798.20
Canadian $ @ .7224
In my portfolio:
Sold 70% SNAP @ $44.65
Bought BTCC.TO @ $9.84
Bought SU.TO @ $30.70
Portfolio CNX HST MGM SNAP BTCC SU NCLH UAL
Stocks which closed green included SU
TJX AG GE TECK X PAAS PCX
CLF IBM PFE GOLD INTC NEM
MTCH TD NVAX CVX MCD
AEM SLB MA V MS....
AH futures UP
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE was under selling pressure in technology after overnight hangover. Poor Marty Zweig was being misquoted to explain today's TAPE, this is a normal routine for market to reevaluate next day over & over. It is the message of the market which should be noted. Excess always is dealt with one way or the other sooner or later.. VIX surprisingly was tepid which is a good thing. Internals were slightly negative which is also a good thing FWIW.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi stocktrader,
Added 100% BTCC.TO @ $9.53
Bought RIOT @ $22.80
Saleem
Hi Saleem,
Good luck with the new positions, especially the bitcoin exposure!!
Stocktrader
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