Wednesday, April 20, 2022

Indices closed mixed....

 Indices closed mixed.

S&P 500 @ 4459.45, low 4448.76, high 4488.29

RSI @ 50.60

CMF @ 0.049

Internals were :

UP volume led by 1.63 to 1 in NYSE & .68 to 1 in Nasdaq

Advancing stocks led by 1.86 to 1 in NYSE & 1.01 to 1 in Nasdaq

Net new highs were leading by 87 in NYSE & lows by 94 in Nasdaq

VIX Down 4.91% @ 20.32

Oil @ $102.75

Gold @ $1955.60

Canadian $ @ .7503

Portfolio BTCC HST MGM NCLH PLTR RIOT SOFI SOL UAL

Stocks which were UP 1% or more included MGM UAL

CNX CNQ MGA TJX CCJ TWTR PAAS

IBM CIEN DAL NTAP ASML AEM

FFIV OXY MS....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was mixed @ close as Nasdaq was weakest. DOW was the sole winner, Internals were mostly positive. After hour UAL was UP better than 7% on strongest guidance from any airline. There is a good chance that we may close in green on Thursday as we remain extremely oversold in technology.

BLOG does NOT give buy or sell.

Saleem

4 comments:

stocktrader_1996 said...

Hi Saleem,

Sold DE @ 432.47 to take profits

I thought most of the good news had been priced in and wanted to raise cash for other opportunities.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Great to book profit in DE$$$$

Saleem

stocktrader_1996 said...

Hi Saleem,

Added to many existing positions with the DE cash.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with additional exposure....

Saleem