Tuesday, April 11, 2023

Indices closed mixed....

 Indices closed mixed.

S&P 500 @ 4108.04, low 4102.61, high 4124.26

RSI @ 61.11

CMF @ 0.332

Internals were :

UP volume led by 3.67 to 1 in NYSE & 1.88 to 1 in Nasdaq

Advancing stocks led by 3.03 to 1 in NYSE & 1.49 to 1 in Nasdaq

Net new highs were leading by 38 in NYSE & lows by 51 in Nasdaq

VIX UP .69% @ 19.10

Oil @ $81.53

Gold @ $2019.00

Canadian $ @ .6516

Portfolio ARKK LSPD SHOP SQ

 Stocks which were UP 1% or more included LSPD

COIN RUN LCID GOOS DAL XPEV UAL NCLH

RIOT APA NIO MOS MGA X JFLU LAC FCX

CLF MSTR DASH DKNG PENN TOL MTCH

CRWD NTAP TD KBH PHM NKE TSLA 

EXPE SLB MA MS CMG.....

AH Futures UP

AH Asian Markets UP

AH Oil Down

AH Gold UP

About market, TAPE closed mixed even after last second selling in Nasdaq. Internals were positive. Travel & housing stocks were UP on ongoing rotation. It IS all about inflation @ 830 AM EST and market is worried big time. Every Indicator which I follow is telling me Inflation peaked many months ago.

BLOG does NOT give buy or sell.

Saleem


9 comments:

stocktrader_1996 said...

Hi Saleem,

Added to SARK @ 40.68 on this dip

Stocktrader

Stocks100 said...


Ho Stocktrader,

Good luck with more SARK

Saleem

stocktrader_1996 said...

Hi Saleem,

Bought LYB @ 97.39 on lower feed costs

Stocktrader

Stocks100 said...


Hi Stocktrader,

Added 15% ARKK @ $38.70....

Same stock opposite strategy...that is what makes a healthy market,,,

Saleem

stocktrader_1996 said...

Hi Saleem,

Trimmed SOXS @ 19.00 to reduce the 3x short exposure as I think the market is relatively fairly valued here

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with next picks....

Saleem

stocktrader_1996 said...

Hi Saleem,

I am trying to get some KRUS if it pulls back a little closer to the 200 DMA. With the secondary out of the way and growth and margins looking good, their continued expansion should drive revenue and market share.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with KRUS....your research is impeccable....

Saleem

stocktrader_1996 said...

Hi Saleem,

Bought KRUS @ 68.00

Stocktrader