Indices closed UP.
S&P 500 @ 3878.44, high 3889.82, low 3839.49
RSI @ 45.90
CMF -0.032
Internals were :
UP volume led by 6.92 to 1 in NYSE & 1.99 to 1 in Nasdaq
Advancing stocks led by 3.43 to 1 in NYSE & 2.10 to 1 in Nasdaq
Net new lows were leading by 59 in NYSE & 236 in Nasdaq
VIX Down 6.56% @ 20.07
Oil @ $78.29
Gold @ $1825.40
Canadian $ @ .6374
In my portfolio :
Sold PLTR @ $6.20
Added 20% LSPD @ $13.81
Portfolio ARKK LSPD MGM SOL
Stocks which were UP 3% or more included PLTR XPEV
JD BIDU TPR CNX APA RUN ENPH CSIQ FSLR
CCL NIO LULU GE X AAL MGNI DASH AMD
SNOW DOCU NKE BA NFLX SNAP RH....
AH Futures UP
AH Asian Markets UP
AH Oil & Gold UP
About market, TAPE closed near high of the day and confirmed this reversal. Internals were positive. Today's green close gave much needed boost to die hard bulls who have suffered for last 2 years in a very difficult COVID-19 related environment of investing. Hopefully, this is a start of major run UP above resistance on the chart.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Good luck with the PLTR/LSPD swap!
Trimmed GTLB, added to SNAP UPWK LYFT
A rebalance based on GTLB's recent strength but stretched valuation.
Stocktrader
Hi Stocktrader,
Good luck with more of SNAP UPWK LYFT
Saleem
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