Indices closed down
S&P 500 @ 4380.26, low 4373.81, high 4456.06
RSI @ 40.20
CMF @ 0.122
Internals were :
Down volume led by 3.35 to 1 in NYSE & 4.47 to 1 in Nasdaq
Declining stocks led by 2.82 to 1 in NYSE & 3.64 to 1 in Nasdaq
Net new lows were leading by 176 in NYSE & 299 in Nasdaq
VIX UP 15.73% @ 28.11
Oil @ $91.76
Gold @ $1902.00
Canadian $ @ .7298
In my portfolio ...added 350% PKTR @ $12.65
Portfolio HST BTCC CNX MGM NCLH PLTR RIOT SOK UAL
Stocks which closed green included
XPEV NTR AG PAAS DASH GOLD NEM AEM OXY LNG....
AH Futures UP
AH Asian Markets Down
AH Oil & Gold Down
About market, TAPE was in selling mode because they could. Most sectors were red and internals were negative. One day UP and next day DOWN is the pattern of a very weak market, IF you have conviction " stay with conviction " opportunistic buying is a great idea on weak days and quick booking of profit on UP days seems to work, rest is noise.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Good luck with the additional PLTR on the dip!
Sold SNAP @ 39.12 on limited short term upside
Bought DE @ 374.40 on great earnings, continued business momentum, and diversification reasons
Stocktrader
Hi Sstocktrader,
Good luck with DE....
Saleem
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