Thursday, February 3, 2022

Indices closed down 1.45% to 3.74%.....

 Indices closed down.

S&P 500 @ 4477.44, low 4470.39, high 4542.89

RSI @ 43.99

CMF @ 0.051

Internals were :

Down volume led by 4.58 to 1 in NYSE & 5.43 to 1 in Nasdaq

Declining stocks led by 4.74 to 1 in NYSE & 3.74 to 1 in Nasdaq

Net new lows were leading by 185 in NYSE & by 194 in Nasdaq

VIX UP 10.23% @ 24.35

Oil @ $90.27

Gold @ $1804.10

Canadian $ @ .7318

In my portfolio :

Bought SOL @ $5.10

Bought in closing seconds MGM @ $43.00

Portfolio HST BTCC MGM NCLH PLTR RIOT SOL UAL

Stocks which closed green included

HOOD GE TECK IBM BABA OXY....

AH Futures UP

AH Asian markets Mixed

AH Oil & Gold UP

About market, TAPE was in freefall thanks to FB earnings which took entire technology sector down along with other other stocks. AH AMZN & SNAP stole the show with their earnings reports showing huge gains. 830 AM it is all about jobs report which is expecting 165K which may be another miss. This market is extremely jittery and is working on emotions and overreaction not an ideal investing or trading environment. Have your own game plan and execute without guidance from any guru.

BLOG does NOT give buy or sell.

Saleem 

4 comments:

Stocks100 said...


Hi Stocktrader,

Bought CNX @ $15.07

Saleem

stocktrader_1996 said...

Hi Saleem,

Energy prices continue to rise - good luck with CNX!!

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Trimmed SNAP PINS ENPH PLAY

Bought SSYS @ 23.80

An analyst indicated the best channel checks they've ever seen, so I thought this might be worth a try into earnings.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with SSYS.....

Saleem