Tuesday, March 7, 2023

Indices closed down 1.25% to 1.72%....

 Indices closed down.

S&P 500 @ 3986.37, low 3980.31, high 4050.00

RSI @ 45.51

CMF @ -0.012

Internals were :

Down volume led by 6.60 to 1 in NYSE & 2.77 to 1 in Nasdaq

Declining stocks led by 4.0 to 1 in NYSE & 2.21 to 1 in Nasdaq

Net new lows were leading by 12 in NYSE & 89 in Nasdaq

VIX UP 5.27% @ 19.59

Oil @ $79.58

Gold @ $1820.00

Canadian $ @ .6258

In my portfolio :

SOLD 50% LCID @ $8.55

Bought AI @ $26.20

Portfolio ARKK AI LCID SHOP

Following stocks closed green

TTD RBLX UAL SNAP FSLR

BYD SAVE AAL DASH AMD

DKNG SNOW LYFT DOCU

UBER KBH ELF OSTK ULTA

CMG....

AH Futures Down

AH Asian Markets Mixed 

AH Oil & Gold Down

About market, TAPE was a sell sell sell on new hawkish testimony by Fed chief in Senate which will be elaborated further in House on Wednesday. We may get another half day selling which may present buying opportunity. Get your buy program ready for noon.

BLOG does NOT give buy or sell.

Saleem


7 comments:


  1. Hi Stocktrader,

    Added 300% AI @ $24.65

    Saleem

    ReplyDelete
  2. Hi Saleem,

    Good luck with more AI!

    Sold MDB @ 231.69 ahead of earnings

    After the run higher, I'll take profits now and see how it turns out.

    Stocktrader

    ReplyDelete
  3. Hi Saleem,

    Bought CIEN @ 50.98 after great earnings

    Stocktrader

    ReplyDelete

  4. Hi Stocktrader,

    Good luck with CIEN....an old superstar of Y2K

    Saleem

    ReplyDelete
  5. Hi Saleem,

    Yes, it has survived well!

    Trimmed some SYM @ 17.19 as it has grown large and a short report makes it more volatile and controversial

    Stocktrader

    ReplyDelete
  6. Hi Saleem,

    Added to BMBL @ 20.71 on this dip

    Stocktrader

    ReplyDelete

  7. Hi Stocktrader,

    Good luck with more BMBL

    Saleem

    ReplyDelete