Indices closed down.
S&P 500 @ 4115.24, low 4103.98, high 4132.96
RSI @ 47.85
CMF @ 0.084
Internals were :
Down volume led by 3.57 to 1 in NYSE & 2.15 to 1 in Nasdaq
Declining stocks led by 3.71 to 1 in NYSE & 2.34 to 1 in Nasdaq
Net new lows were leading by 108 in NYSE & 75 in Nasdaq
VIX UP 8.09% @ 20.03
Oil @ 74.34
Gold @ $1964.60
Canadian $ @ .6402
In my portfolio :
Sold SNAP @ $9.70
Added 25% AI @ $26.61...both in pre market
Portfolio ARKK AI SHOP
Stocks which closed UP 1% or more included AI SHOP
RBLX APA CRM M ROKU PINS SNOW PANW
TOL CRWD ELF BYND TWLO META AMZN
NFLX JWN RH BROS OSTK KBH....
AH Futures Mixed
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE was weak again but closed well above lows of the day. It is waiting game for debt limit negotiations / agreement. NVDA lit the fire in technology stocks in highlighting robust growth in AI.
BLOG does NOT give buy or sell.
Saleem
ReplyDeleteHi Stocktrader,
Sold 46% ARKK @ $38.50
Added 60% AI @ $27.59
Saleem
HI Saleem,
ReplyDeleteBought AI @ 28.16 on NVDA results and huge short interest
Stocktrader
Hi Saleem,
ReplyDeleteARKK has struggled to gain traction in this great NASDAQ run so I think the re-allocation to specific names is a great idea.
Good luck with AI - we both are running for it now!
Stocktrader
ReplyDeleteHi Stocktrader,
Good luck with AI.....
Saleem
Hi Saleem,
ReplyDeleteAdded a little to IONQ here @ 9.42
Stocktrader
Hi Saleem,
ReplyDeleteI'm looking to re-enter BMBL as I think dating and friendships will benefit in this economic environment, and potentially could see a boost from AI.
I only got 176 shares filled of a 15k order at 16.70 and 20k shares at 16.65, but hopefully they all go tomorrow...
Stocktrader
ReplyDeleteHi Stocktrader,
Good luck with BMBL, hopefully its all filled by 10 AM Friday....
Saleem
ReplyDeleteHi Stocktrader,
Good luck with more IONQ....
Saleem