Monday, February 7, 2022

Indices closed mixed.....

 Indices closed mixed.

S&P 500 @ 4483.87, low 4471.47, high 4521.86

RSI @ 44.74

CMF @ 0.053

Internals were :

UP volume led by 1.39 to 1 in NYSE & 1.36 to 1 in Nasdaq

Advancing stocks led by 1.16 to 1 in NYSE & 1.33 to 1 in Nasdaq

Net new lows were leading by 194 in NYSE & 189 in Nasdaq

VIX Down 1.55 % @ 22.86

Oil @ $91.32

Gold @ 22.86

Canadian $ @ .7313

Portfolio BTCC CNX HST MGM NCLH PLTR RIOT SOL UAL

Stocks which were UP 3% or more included

BTCC NCLH RIOT UAL

AG PAAS COIN JBLU

AAL SAVE TRIP RCL

WYNN MSTR SNOW

NEM SLB.....

AH Futures UP

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE was UP then down then UP and finally closed mixed, close was less than impressive. Internals were half decent. Reopen, Crypto & select technology stocks did well, FANG is not faring well lately. Rotation has taken hold. Monitor your portfolio for relative performance daily and react accordingly.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Sold ENPH @ 142.61 ahead of earnings

This is one I'd like to see first due to high valuation.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with your strategy....

Saleem