Wednesday, March 29, 2023

Indices closed UP 1.00% to 1.79%...NICE !!!

 Indices closed UP.

S&P 500 @ 4027.81, high 4030.59, low 3999.53

RSI @ 55.77

CMF @ 0.116

Internals were :

UP volume led by 6.27 to 1 in NYSE & 6.48 to 1 in Nasdaq

Advancing stocks led by 3.86 to 1 in NYSE & 2.11 to  1 in Nasdaq

Net new highs were leading by 13 in NYSE & lows by 79 in Nasdaq

VIX Down 4.26% @ 19.12

Oil @ $72.97

Gold @  $1984.50

Canadian $ @ .6422

Portfolio ARKK AI SHOP

Stocks which were UP 3% or more included ARKK AI SHOP

SQ COIN MRVL XPEV LULU RIOT NIO SPWR AFRM

MU QCOM MSTR DKNG INTC PENN ZI ZM LRCX

AMZN ROKU.....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was strong from open and closed @ high of the day, Internals were extremely strong. Key technical levels were taken out even by S&P 500 which closed above 50 DMA while Nasdaq Nasdaq staring @ 12000 to take It out. Most sectors participated in Today's rally which is a good thing.

BLOG does NOT give buy or sell.

Saleem

4 comments:

stocktrader_1996 said...

Hi Saleem,

Bought PINS @ 26.58 on more cost cutting measures and budding initiatives to drive growth

Added to SOXS @ 16.68 for hedging

Stocktrader

Stocks100 said...


Hi Stocktrader,

Sold AI @ $27.25

Saleem

stocktrader_1996 said...

Hi Saleem,

That was an amazing trade - way to be nimble and profitable!

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with PINS & more SOXS

Saleem