Monday, April 25, 2022

Indices closed UP .57% to 1.29%...NICE!!!!

 Indices closed UP.

S&P 500 @ 4296.12, high 4299.02, low 4200.82

RSI @ 39.27

CMF @ -0.028

Internals were :

Down volume led by 1.08 to 1 in NYSE & .43 to 1 in Nasdaq

Declining stocks led by 1.19 to 1 in NYSE & .83 to 1 in Nasdaq

Net new lows were leading by 616 in NYSE & 593 in Nasdaq

VIX Down 4.22% @ 27.02

Oil @ $98.54

Gold @ $1896.00

Canadian $ @ .7220

Portfolio BTCC HST MGM NCLH PLTR RIOT SOFI SOL UAL

Stocks which were UP 2% or more included BTCC MGM SOFI

AFRM PYPL SQ LSPD COIN M ROKU MRVL QCOM QRVO

SWKS MSTR DASH AMD DKNG PENN SNOW MSFT PANW

LYFT DOCU CIEN TOL KBH DHI PHM CRWD ESTC UBER

ENPH JD TWLO SPLK GOOG ULTA CMG....

AH Futures UP

AH Asian markets Mixed

AH Oil & Gold UP

About market, TAPE was under selling pressure again but @ lows buyers came in and we had a reversal day. Technology stocks fared well while energy stocks were lower. Internals were mixed. As were were deeply oversold, It will be nice to get another positive close in all major indices. FB will be the focus in earnings arena.

BLOG does NOT give buy or sell.

Saleem


7 comments:

stocktrader_1996 said...

Hi Saleem,

Trimmed TZA @ 37.00 to take profits and reduce short exposure

Bought GTLB @ 52.68 after great guidance and long term growth story

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Trimmed more TZA @ 37.03

Bought MNDY @ 137.89 on long term growth prospects

Stocktrader

Stocks100 said...


Hi Stocktrader,

Nice disciplined and strategic booking of profits$$$$ in TZA.

Good luck with GTLB & MNDY

Saleem

stocktrader_1996 said...

Hi Saleem,

Trimmed TZA @ 38.25

Bought IONQ @ 8.41

Adding to long term growth names I've been eyeing for a while.

Stocktrader

Stocks100 said...


Hi Stocktrader,

This TZA sale was your jackpot$$$$$

Good luck with IONQ

Saleem

stocktrader_1996 said...

Hi Saleem,

Sold the rest of TZA @ 38.48 as I feel risk/reward is much more balanced now

Bought BMBL @ 24.48 for re-opening exposure

Added to MNDY IONQ PATH GTLB

Stocktrader

Stocks100 said...


Hi Stocktrader,

Very good strategy with TZA supersized gains$$$ with the last sale.

Good luck with BMBL and more of MNDY IONQ PATH GTLB

Saleem