Thursday, April 27, 2023

Indices closed UP 1.57% to 2.45%...NICE !!!!

 Indices closed UP.

S&P 500 @ 4135.35, high 4138.24, low 4075.28

RSI @ 57.28

CMF @ 0.251

Internals were :

UP volume led by 5.57 to 1 in NYSE & 1.88 to 1 in Nasdaq

Advancing stocks led by 3.26 to 1 in NYSE & 1.87 to 1 in Nasdaq

Net new lows were leading by 12 in NYSE & 167 in Nasdaq

VIX Down 9.61% @ 17.03

Oil @ $74.76

Gold @ $1999.00

Canadian $ @ .6385

Portfolio ARKK AI SHOP SQ

Stocks which were UP 2% or more included SHOP

LSPD MGM RUN TTD JKS RIOT SNAP SPWR

PYPL CRM BMBL RCL SCHW MSTR PINS

DKNG INTC MSFT PENN TOL MTCH SEDG

TSLA AMZN GOOG META RH LRCX....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE closed @ high of the day with Nasdaq showing most strength. Internals were positive. Market was deeply oversold thus upbeat earnings was the-catalyst. There needs to be another positive close to take the rebound seriously. After close earnings were a mixed bag.

BLOG does NOT give buy or sell.

Saleem

4 comments:

Stocks100 said...


Hi Stocktrader,

Bought SNAP @ $8.60

Saleem

stocktrader_1996 said...

Hi Saleem,

Bought ENPH @ 157.69 on an overreaction to earnings

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Trimmed a little from BMBL and SNAP to add to PINS @ 22.89

Rising engagement and monetization, along with the Amazon partnership should drive results going forward.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with ENPH & more PINS

Saleem