Thursday, December 2, 2021

Indices closed UP .83% to 1.82%...NICE !!!!

 Indices closed UP.

S&P 500 @ 4577.10, high 4595.46, low 4504.73

RSI @ 45.78

CMF @ -0.143

Internals were :

UP volume led by 5.57 to 1 in NYSE & 1.89 to 1 in Nasdaq

Advancing stocks led by 2.49 to 1 in NYSE & 1.79 to 1 in Nasdaq

Net new 52 wk lows led by 232 in NYSE & 587 in Nasdaq

VIX Down 10.19% @ 27.95

Portfolio CNX HST MGM SNAP NCLH UAL

Oil @ $66.50

Gold @ $1762.70

Canadian $ .7186

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

MGA PYPL BB APA CRM BYD JBLU SAVE RCL WYNN

AAL CCL SCHW SNOW LYFT PENN ZI TOL KBH DHI 

PHMDAL UBER SPLK LVS MA MGA V....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE staged an oversold bounce and closed near high of the day, Internals were mixed. It will be interesting IF we get confirmation of today's positive action. It is all about jobs report which should be as expected. OMICRON news may dominate sentiment initially but close will be the key.

BLOG does NOT give buy or sell.

Saleem

4 comments:

stocktrader_1996 said...

Hi Saleem,

Sold KRUS ~62.50 avg to take profits

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought MNDY @ 271.24

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Added to ESTC @ 108.58
Added to PINS @ 35.19
Added to PHM @ 52.09

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with MNDY & more ESTC PINS PHM....

Saleem