Tuesday, January 24, 2023

Indices closed mixed....

 Indices closed mixed.

S&P 500 @ 4016.95, low 3989.79, high 4023.92

RSI @ 59.52

CMF @ 0.191

Internals were :

UP volume led by .74 to 1 in NYSE & 1.11 to 1 in Nasdaq

Advancing stocks led by 1.01 to 1 in NYSE & .85 to 1 in Nasdaq

Net new highs were leading by 71 in NYSE & 78 in Nasdaq

VIX Down 3.08% @ 19.20

Oil @ $80.13

Gold @ $1935.40

Canadian $ @ .6627

Portfolio ARKK LSPD MGM SOL

Stocks which closed green included MGM

JD PDD HST SNAP GE TECK BYD

AAPL RCL PAAS LAC SCHW DKNG

GOLD PANW TOL KBH ELF DHI

PHM BA AEM NFLX MA ORCL

ULTA.....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE tried to hold its gains and it succeeded for the most part with Indices closing mixed with DOW being green @ close. Internals were weak. After hours Technology earnings guidance was a miss. Wednesday close will bring much awaited TSLA earnings, lot of skepticism built in due to margin pressure, BUT I believe, It will be a much better than expected report.

BLOG does NOT give buy or sell.

Saleem

at

6 comments:

  1. stocktrader_1996January 25, 2023 at 7:13 AM

    Hi Saleem,

    Sold SUMO @ 11.30 to take profits as it nears my personal fair value estimate

    Stocktrader

    ReplyDelete
  2. stocktrader_1996January 25, 2023 at 7:16 AM

    Hi Saleem,

    Bought GTLB @ 44.04 on the pullback

    Stocktrader

    ReplyDelete
  3. stocktrader_1996January 25, 2023 at 7:19 AM

    Hi Saleem,

    Started a position in ENVX @ 7.79 on long term prospects

    Stocktrader

    ReplyDelete
  4. Stocks100January 25, 2023 at 8:45 AM


    Hi Stocktrader,

    Nice quick profit in SUMO $$$$$
    Good luck with GTLB & ENVX....

    Saleem

    ReplyDelete
  5. stocktrader_1996January 25, 2023 at 12:45 PM

    Hi Saleem,

    I trimmed some SYM because it had gotten so large compared to the rest of the portfolio, and added to the smaller positions of ENVX and BMEA.

    So far it seems like nothing can go wrong this year - I wonder if February will bring some pause? I seem to remember February being a pullback month in bull years.

    Stocktrader

    ReplyDelete
  6. Stocks100January 25, 2023 at 2:21 PM


    Hi Stocktrader,

    Good idea to rebalance & add to minor positions.

    About February, as we are coming out of major bear market, February could be the first breakaway month this year.....

    Saleem

    ReplyDelete