Indices closed mixed.
S&P 500 @ 4090.38, low 4072.56, high 4099.69
RSI @ 59.35
CMF @ 0.186
Internals were :
Down volume led by 1.55 to 1 in NYSE & 2.25 to 1 in Nasdaq
Declining stocks led by 1.66 to 1 in NYSE & 2.02 to 1 in Nasdaq
Net new lows were leading by 19 in NYSE & 219 in Nasdaq
VIX UP .42% @ 19.08
Oil @ $80.61
Gold @ $2035.60
Canadian $ @ .6543
Portfolio ARKK LSPD SHOP SQ
Stocks which closed green included
CNX MOS QCOM FCX IBM PFE
GOLD NEM NTAP NVAX ABBV
CVX EAT GILD PHM AEM FFIV
SLB LNG MA ORCL....
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE was under selling pressure and closed lower. This was a normal pullback which IS healthy. VIX was tame @ close which IS telling me that this selling may be coming to an end. Sector rotation was in play with healthcare & gold stocks taking the lead.
BLOG does NOT give buy or sell.
Saleem
5 comments:
Hi Saleem,
Trimmed SARK @ 43.00 to take profits
Given I've reduced some of my long exposure, I don't feel the need to have such short exposure either.
Stocktrader
Hi Saleem,
Sold FRC @ 13.18 to reduce the risky exposure
Stocktrader
Hi Stocktrader,
Nice gains in SARK $$$$$
Saleem
Hi Saleem,
Bought BMBL @ 18.59 on continued growth prospects
I think the platform resonates with people and experiences continue to be the name of the game. It is expensive, but I think the growth will be there. Even in harder economic times, I suspect it will hold up better as people want companionship and fun.
Stocktrader
Hi Stocktrader,
Good luck with BMBL
Saleem
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