Tuesday, December 7, 2021

Indices closed UP 1.40% to 3.03%....NICE !!!!

 Indices closed UP.

S&P 500 @ 4686.75, high 4694.04, low 4631.97

RSI @ 56.96

CMF @ -0.109

Internals were :

UP volume led by 5.49 to 1 in NYSE & 4.36 to 1 in Nasdaq

Advancing stocks led by 3.76 to 1 in NYSE & 3.34 to 1 in Nasdaq

Net new 52 wk highs were leading by 68 in NYSE & 6 in Nasdaq

VIX Down 19.46% @ 21.89

Oil @ $72.05

Gold @ $1784.70

Canadian $ @ .7343

Portfolio CNX HST MGM SNAP NCLH UAL

Stocks which were UP 3% or more included SNAP PLTR SOL

AMAT AFRM HOOD PYPL RIOT CCJ SQ APA COIN X

AAPL BMBL MRVL QCOM QRVO SWKS CNQ MSTR 

RIDE RUN AMD SNOW NXPI GOOS SHOP DDOG PDD

NVAX MRNA SEDG TER NVDA TSLA OXY MS ULTA

CMG....

AH Futures UP

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE confirmed this rally by closing near high of the day. SOX closed @ new all time high while all indices are near their all time highs. Technology were the-best performer today. Internals were strong. This was a broad based rally today while reopen stocks took a breather. It will be interesting to see which sectors go UP on day 3.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Sold MNDY @ 324.84 to take profits and with prospects of insider selling

Bought HUBS @ 777.50 on high relative strength into year end

Stocktrader

Stocks100 said...


HI stocktrader,

Good luck with HUBS.....

Saleem