Indices closed mixed.
S&P 500 @ 3951.39, low 3939.05, high 3971.73
RSI @ 40.29
CMF @ 0.019
Internals were :
Down volume led by 1.17 to 1 in NYSE & 1.69 to 1 in Nasdaq
Declining stocks led by 1.32 to 1 in NYSE & 1.29 to 1 in Nasdaq
Net new highs were leading by 34 in NYSE & lows by 32 in Nasdaq
VIX Down .58% @ 20.58
Oil @ $77.69
Gold @ $1845.40
Canadian $ @ .6398
Portfolio ARKK AI LCID MRVL SHOP SOL
Stocks which closed green included MRVL SOL
MGM RBLX JD PDD BIDU JKS UAL NCLH
APA NTR MOS FSLR CCJ TECK CRM CNQ
WYNN FCX CSIQ SEDG EAT LRCX BABA
SLB LNG LVS....
AH Futures Mixed
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE closed mixed which showed weakness again. Nasdaq is extremely vulnerable to losing support which does NOT bode well for leadership of this market. Yes we are deeply oversold and we may get an oversold bounce by close. Internals were negative.
BLOG does NOT give buy or sell.
Saleem
ReplyDeleteHi Stocktrader,
Added 200% MRVL @ $44.80
Saleem
ReplyDeleteHi Stocktrader,
Sold SOL @ $4.48
Added 10% AI @ $20.89
Saleem
Hi Saleem,
ReplyDeleteGood luck with portfolio changes!
I am dealing with a few issues today in SI and SYM...
Stocktrader
Hi Saleem,
ReplyDeleteSold SI @ 7.44 on limited upside due to liquidity constraints which will impact earnings power and force capital raises as a best case scenario, with bankruptcy being the worst case.
Added to:
SYM on this huge dip due to a bear report
BLNK after impressive earnings
IONQ on quantum computing needs in this "new AI" life
MDB on differentiation from SNOW which is weighing on shares
Stocktrader
ReplyDeleteHi Stocktrader,
Very nice bullet points on additional shares.
Good luck with gutsy additions!!
Saleem
ReplyDeleteHi Stocktrader,
Sold MRVL @ $42.25
Saleem