Monday, February 13, 2023

Indices closed UP 1.11% to 1.48%...NICE !!!

Indices closed UP.

S&P 500 @ 4137.29, high 4138.90, low 4092.67

RSI @ 59.72

CMF @ 0.172

Internals were :

UP volume led by 3.51 to 1 in NYSE & 1.96 to 1 in Nasdaq

Advancing stocks led by 2.96 to 1 in NYSE & 1.67 to 1 in Nasdaq

Net new highs were leading by 85 in NYSE & 16 in Nasdaq

VIX Down .93% @ 20.34

Oil @ $80.14

Gold @ $1863.50

Canadian $ .6647

Portfolio ARKK AI LCID LSPD MRVL SOL

Stocks which closed UP 2% or more included MRVL SOL

EXAS LULU PDD BIDU NCLH RCL CCL RUN FSLR

SEDG SPWR MGA SQ CRM JBLU RCL QRVO MSTR

DASH AMD NVDA CLOU SNOW MSFT ZI ZM CRWD

ESTC DDOG ELF META EXPE NFLX RH BROS 

ORCL OSTK...

AH Futures Down

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE was strong and closed @ high of the day, Internals were positive. Nasdaq was the strongest again, momentum is IN. It is all about CPI which may become a non event by close as TAPE wants to go UP. When FEAR is rampant about any single event and market has rested then it goes against grain / pundits.

BLOG does NOT give buy or sell.

Saleem

3 comments:

stocktrader_1996 said...

Hi Saleem,

Sold LYFT @ 10.20 on diminished path to profitability

Bought TOST @ 23.81 on recent momentum and large TAM

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with TOST

Bought SHOP.TO @ $65.50.....earnings in the morning....

Saleem

stocktrader_1996 said...

Hi Saleem,

Oh wow - good luck with SHOP!

Stocktrader