Monday, January 31, 2022

Indices closed UP 1.17% to 3.41%....NICE !!!!

 Indices closed UP.

S&P 500 @ 4515.55, high 4516.89, low 4414.02

RSI @ 46.40

CMF @ -0.011

Internals were :

UP volume led by 4.18 to 1 in NYSE & 11.22 to ! in Nasdaq

Advancing stocks led by 4.37 to 1 in NYSE & 4.51 to 1 in Nasdaq

Net new lows were leading by 163 in NYSE & 176 in Nasdaq

VIX Down 10.23% @ 24.83

Oil @ $88.15

Gold @ $1796.40

Canadian $ @ .7302

In my portfolio Sold 50% HST @ $17.30

Portfolio HST BTCC SNAP MGM NCLH RIOT UAL

Stocks which were UP 6% or more included SNAP RIOT NCLH

SOL PLTR XPEV FSLR AFRM HOOD AG SQ LSPD COIN

ARKK X ROKU MRVL TWTR QRVO FUBO AI MSTR

DASH BIDU PINS RUN AMD DKNG SNOW CSIQ 

LYFT NXPI DOCU ZI ZM CRWD ESTC ENPH

PDD SEDG BYND NVDA TWLO TSLA BABA API QS

NIO JKS OSTK CGC TLRY.....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE staged a huge oversold bounce and also confirmed Friday's UP move. Most sector participated in today's short covering / buying. Only sector which missed today's fun was energy stocks although oil is @ highest level in 8 years. Hopefully caution will prevail in construction of portfolio going forward.

BLOG does NOT give buy or sell.

Saleem

2 comments:

Stocks100 said...


Hi Stocktrader,

Sold MGM @ $44.25

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with your strategy to raise cash!

Stocktrader