Indices closed down
S&P 500 @ 4201.09, low 4199.95,high 4327.01
RSI @ 36.35
CMF @ 0.040
Internals were :
Down volume led by 2.79 to 1 in NYSE & 1.87 to 1 in Nasdaq
Declining stocks led by 3.62 to 1 in NYSE & 2.75 to 1 in Nasdaq
Net new lows were leading by 543 in NYSE & 728 in Nasdaq
VIX UP 13.98% @ 36.45...near 52 wk high...
Oil @ $119.40
Gold @ $1995.90
Canadian $ @ .7222
Portfolio HST BTCC MGM NCLH PLTR RIOT SOL UAL
Stocks which closed green included PLTR RIOT SOL
CNX SU NTR MOS FSLR SPWR AG CCJ CNQ AI
RUN CSIQ JKS GOLD NEM CVX SEDG AEM SLB
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE was in a freefall and closed @ low of the day. We closed @ low of this bear market, but have not gone below low but awfully close. Any rally one must be skeptical as we may undercut previous low IF NOT NOW maybe later.
BLOG does NOT give buy or sell.
Saleem
5 comments:
Hi Stocktrader,
Sold SOL @ $6.47
Added 25% MGM @ $36.90
Saleem
Hi Saleem,
Sold FDX @ 200.35 on recession risks
Stocktrader
Hi Saleem,
Good luck with re-positioning!
Bought MNDY @ 137.93 on growth prospects and finally acceptable valuation
Stocktrader
Hi Saleem,
Added a little to BMEA @ 6.64 and ZENV @ 4.68 with spare cash
Stocktrader
Hi Stocktrader,
Good luck with MNDY, BMEA, ZENV..
Saleem
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