Indices closed mixed.
S&P 500 @ 4130.62, low 4109.29, high 4132.80
RSI @ 53.60
CMF @ 0.107
Internals were :
Down volume led by 2.42 to 1 in NYSE & 1.10 to 1 in Nasdaq
Declining stocks led by 2.27 to 1 in NYSE & 1.67 to 1 in Nasdaq
Net new lows leading by 55 in NYSE & 134 in Nasdaq
VIX Down 0.06% @ 16.93
Oil @ $70.87
Gold @ $2020.50
Canadian $ @ .6507
Portfolio ARKK AI SHOP SNAP SQ
Stocks which closed green included ARKK SNAP
RBLX XPEV JD PDD NIO FSLR MGA HOOD
MU M ROKU MGNI BIDU TOL DDOG KBH
ELF META TSLA AMZN BABA GOOG OXY
NFLX RH ULTA CMG....
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE closed mixed on uncertainty about debt ceiling in USA. Internals were negative. Nasdaq showing relative strength and showing technical strength. Friday is weekly option expiry which should create exaggerated moves in market and related stocks.
BLOG does NOT give buy or sell.
Saleem
HI Saleem,
ReplyDeleteTrimmed some PINS and added to SYM on the dip.
I'm trying to keep more overweight in positions above moving averages.
Stocktrader
Hi Saleem,
ReplyDeleteTrimmed ENPH, added to SYM for the same reason.
Stocktrader
ReplyDeleteHi Stocktrader,
Sold 50% SHOP @ $62.40
Bought MGM @ $42.29
Good luck with more & more = overweight SYM
Saleem
Hi Saleem,
ReplyDeleteNice profits on SHOP! Good luck with MGM :)
Sold DDOG @ 86.95 to take profits and have cash for opportunities
Stocktrader
ReplyDeleteHi Stocktrader,
Nice trade in DDOG...
Saleem
Hi Saleem,
ReplyDeleteBought LYFT @ 8.15 on washed out sentiment and potential catalysts with the new CEO
As the only ride-hailing company besides Uber, it seems like a $3B valuation is too cheap.
Stocktrader
HI Saleem,
ReplyDeleteAdded to HIMS @ 10.79 on great story and bounce off support
Added small to TOST @ 19.37 on this pullback
Stocktrader
ReplyDeleteHi Stocktrader,
Good luck with LYFT and more HIMS & TOST
Saleem