Indices closed mixed.
S&P 500 @ 4136.13, low 4095.01, high 4159.77
RSI @ 59.58
CMF @ 0.213
Internals were :
Down volume led by 1.03 to 1 in NYSE & ,73 to 1 in Nasdaq
Declining stocks led by 1.02 to 1 in NYSE & 1.14 to 1 in Nasdaq
net new highs were leading by 101 in NYSE & 5 in Nasdaq
VIX Down 7.03% @ 18.91
Oil @ $79.06
Gold @ $1865.40
Canadian $ @ .6629
In my portfolio bought SHOP.TO @ $65.50
Portfolio ARKK AI LCID LSPD MRVL SHOP SOL
Stocks which were UP 2% or more included ARKK AI MRVL SHOP
TTD PLTR RIOT CCL AFRM MU SQ COIN X TRIP ROKU
DASH AMD DKNG SNOW LYFT DOCU CRWD DDOG
MRNA LSCC NVDA TSLA EXPE LAC OXY RH
PANW MSTR....
AH Futures Down
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE was under pressure from higher than expected CPI BUT Nasdaq closed green which shows where the strength IS in this market. Retail Sales are next any weakness will give huge boost to overall market. Momentum is on the buy side which should be obvious to even skeptics. Do NOT overthink this market, the ball is in Nasdaq court.
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hi Stocktrader,
Bought RBLX @ $44.00
Saleem
Hi Stocktrader,
Added 250% SHOP.TO @ $71.41
Sold MRVL @ $46.50
Saleem
Hi Saleem,
Good luck with the re-positionings!
It's been a great year so far - hope it continues :)
Stocktrader
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