Monday, March 6, 2023

Indices closed mixed....

 Indices closed mixed.

S&P 500 @ 4048.42, high 4078.49, low 4044.61

RSI @ 52.63

CMF @ 0.035

Internals were :

Down volume led by 2.18 to 1 in NYSE & 1.23 to 1 in Nasdaq

Declining stocks led by 1.69 to 1 in NYSE & 1.91 to 1 in Nasdaq

Net new highs were leading by 81 in NYSE & 2 in Nasdaq

VIX UP .65% @ 18.61

Oil @ $80.46

Gold @ $1854.60

Canadian $ @ .6391

In my portfolio added 40% SHOP @ $43.84

Portfolio ARKK LCID SHOP

Stocks which closed UP included SHOP

RUN FSLR CSIQ SPWR ENPH SEDG

JKS JD NCLH SNAP PYPL MU GE

AAPL RCL DKNG CSIQ MSFT

CIEN ZM CRWD CVX MRNA

MCD SPLK EXPE GOOG MA

ORCL MCD ULTA V....

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE closed mixed with Nasdaq showing weakness. It IS all about Fed Chief testimony for 2 days, we may get a surprise quip which may affect this jittery TAPE, the question IS, It may be a instant reaction then stability. Wednesday usually is a repeat of same same and market may resume its uptrend.

BLOG does NOT give buy or sell.

Saleem


2 comments:

Stocks100 said...


Hi Stocktrader,

Sold 50% LCID @ $8.55
Bought AI @ $26.20

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with the reallocation to stronger stocks - always a smart choice!

Stocktrader