Indices closed UP.
S&P 500 @ 3979.87, high 3987.88, low 3908.03
RSI @ 42.42
CMF @ -0.051
Internals were :
UP volume led by 4.93 to 1 in NYSE & 4.24 to 1 in Nasdaq
Advancing stocks led by 3.07 to 1 in NYSE & 2.55 to 1 in Nasdaq
Net new lows were leading by 177 in NYSE & 258 in Nasdaq
VIX Down 8.44% @ 24.64
Oil @ $81.94
Gold @ $1727.80
Canadian $ @ .6830
Portfolio ARKK LSPD PLTR MGM SOL SOFI UAL XPEV
Stocks which were UP 3% or more included ARKK SOFI UAL
JKS NCLH RCL SHOP MRVL SNAP FSLR SPWR RUN
PYPL AG SQ COIN M X BYD JBLU DAL BMBL TWTR
WYNN DKNG PAAS LAC MSTR PINS CSIQ GOOS
MTCH DDOG NVAX NKE TSLA NFLX JWN RH
BROS OSTK ULTA.....
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE closed near high of the day as we were deeply oversold and yields went down, Fed talk was more balanced today. Most sectors participated BUT old leaders were lagging badly. Pay attention to new outperformers which definitely includes Solar stocks / TAN ETF. Do not forget to book profit as we go UP on day 2.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Swapped a little SNAP @ 12.40 for more PLAY @ 39.52 on this dip
I thought PLAY's earnings showed good momentum on the revenue side and the cost pressures should have subsided.
Stocktrader
Hi Stocktrader,
Good move on relative opportunity.
Good luck with more PLAY.
Saleem
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