Wednesday, December 1, 2021

Indices closed down 1.18% to 1.83%......

 Indices closed down.

S&P 500 @ 451304, low 4510.27, high 4652.94

RSI @ 37.49

CMF @ -0.140

Internals were :

Down volume led by 4.07 to 1 in NYSE & 2.21 to 1 in Nasdaq

Declining stocks led by 2.26 to 1 in NYSE & 2.90 to 1 in Nasdaq

Net new 52 wk lows were leading by 274 in NYSE & 497 in Nasdaq

VIX UP 14.45% @ 31.12..high today 32.61....52 wk high 37.51....

Oil @ $65.57

Gold @ $1784.30

Canadian $ @ .7210

Portfolio CNX HST MGM SNAP NCLH UAL

Stocks which closed green included

AMAT MU TSM TOL

JD ASML BZUN MS

LRCX....

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was sharply higher after open and closed sharply lower near low of the day. All major Indices are below 50 DMA and some are below 200 DMA and Russell 2000 sharply below 50 & 200 DMA...worst chart among majors. Only chart standing UP to bears are none other than SOX well above 50 & 200 DMA not far from all time highs.

BLOG does NOT give buy or sell.

Saleem


at

5 comments:

  1. stocktrader_1996December 2, 2021 at 6:35 AM

    Hi Saleem,

    Sold FSLR @ ~100 (mixed orders)

    Bought IONQ @ 20.95

    Added to ESTC @ 121.01 on good results and guidance

    Stocktrader

    ReplyDelete
  2. Stocks100December 2, 2021 at 7:21 AM


    Hi Stocktrader,

    Good luck with IONQ and more ESTC.

    Saleem

    ReplyDelete
  3. stocktrader_1996December 2, 2021 at 7:43 AM

    Hi Saleem,

    Sold CHK @ 59.80 on this pop

    Looking to add to some of my growth stocks

    Stocktrader

    ReplyDelete
  4. stocktrader_1996December 2, 2021 at 7:49 AM

    Hi Saleem,

    Added to:

    UPST @ 164.87
    SNAP @ 46.59
    GMBL @ 4.50
    ZENV @ 8.60
    IONQ @ 19.73

    Stocktrader

    ReplyDelete
  5. Stocks100December 2, 2021 at 10:59 AM


    Hi Stocktrader,

    Good luck with 5 add on

    Saleem

    ReplyDelete