Tuesday, May 9, 2023

Indices closed down .17% to .63%.....

 Indices closed down.

S&P 500 @ 4119.17, low 4116.65, high 4130.35

RSI @ 52.36

CMF @ 0.052

Internals were :

Down volume led by 1.40 to 1 in NYSE & 1.33 to 1 in Nasdaq

Declining stocks led by 1.59 to 1 in NYSE & 1.35 to 1 in Nasdaq

Net new lows were leading by 22 in NYSE & 99 in Nasdaq

VIX UP 4.30% @ 17.71

Oil @ $73.71

Gold @ $2042.90

Canadian $ @ .6595

Portfolio ARKK AI SHOP SNAP SQ

Stocks which were UP 1% or more included ARKK AI

COIN PLTR UAL RIOT VNX AFRM HOOD CCJ

CRM LAC MSTR SNOW PANW PENN ZM

ESTC DDOG EAT MRNA BA SLB RH....

AH Futures UP

AH Asian Markets Down

AH Oil & Gold Down

About market, TAPE marking time and catching its breath after huge run on Friday last week. Internals were negative. Many stocks are showing strong resilience even in down days. Looks like Wednesday may be the day for a positive close.

BLOG does NOT give buy or sell.

Saleem


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5 comments:

  1. Stocks100May 10, 2023 at 6:46 AM


    Hi Stocktrader,

    Added 40% SQ @ $58.89

    Saleem

    ReplyDelete
  2. stocktrader_1996May 10, 2023 at 6:59 AM

    Hi SAleem,

    Good luck with more SQ!

    Trimmed some DDOG AND PINS, bought TOST @ 20.04 after continued good earnings and potentially breakout chart.

    Stocktrader

    ReplyDelete
  3. Stocks100May 10, 2023 at 7:05 AM


    Hi Stocktrader,

    Good strategy to trim & buy emerging ideas....

    Good luck with TOST

    Saleem

    ReplyDelete
  4. stocktrader_1996May 10, 2023 at 8:43 AM

    Hi Saleem,

    Trimmed a little IONQ @ 6.74 on the strong run to add to HIMS @ 10.62 on the dip into support

    Stocktrader

    ReplyDelete
  5. Stocks100May 10, 2023 at 5:43 PM


    Hi Stocktrader,

    Good luck with more HIMS....

    Saleem

    ReplyDelete