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:

Stocks100 said...


Hi Stocktrader,

Added 300% AI @ $24.65

Saleem

stocktrader_1996 said...

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

stocktrader_1996 said...

Hi Saleem,

Bought CIEN @ 50.98 after great earnings

Stocktrader

Stocks100 said...


Hi Stocktrader,

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

Saleem

stocktrader_1996 said...

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

stocktrader_1996 said...

Hi Saleem,

Added to BMBL @ 20.71 on this dip

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with more BMBL

Saleem