Monday, May 22, 2023

Indices closed mixed....

 Indices closed mixed.

S&P 500 @ 4192.63, high 4209.22, low 4179.68

RSI @ 60.42

CMF @ 0.046

Internals were :

UP volume led by 1.81 to 1 in NYSE & 2.44 to 1 in Nasdaq

Advancing stocks led by 1.54 to 1 in NYSE & 1.74 to 1 in Nasdaq

Net new highs were leading by 56 in NYSE & 16 in Nasdaq

VIX UP 2.38% @ 17.21

Oil @ $71.99

Gold @ $1977.20

Canadian $ @ .6482

In my portfolio...bought SNAP @ $9.90

Portfolio ARKK AI MGM SHOP SNAP

Stocks which were UP 3% or more included ARKK SHOP AI

SQ LSPD COIN RUN PDD RIOT NIO SPWR AFRM

CCJ ROKU BMBL DKNG CSIQ PENN DOCU

ZI MTCH TWLO TSLA JWN....AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE closed mixed while Nasdaq making higher highs. Most sectors participated in today's mixed market. Internals were positive. AH debt ceiling off to an optimistic start which IS keeping futures in green.

BLOG does NOT give buy or sell.

Saleem

4 comments:

Stocks100 said...


Hi Stocktrader,

Sold MGM @ $40.30

Added 150% AI @ $26.97

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with the swap!

Sold half IONQ @ 10.91 to take profits, but I am definitely tempted to sell it all here as I feel a capital raise is likely coming after the big run, but I don't necessarily want to play games with the stock either - I am torn.

Stocktrader

Stocks100 said...


Hi Stocktrader,

IONQ has been timed perfectly.....let the other half grow & grow...no matter what they do for Capital needs, it may react for a day or two.....

Saleem

stocktrader_1996 said...

Hi Saleem,

Thanks for the pep talk - I will hold the other half for now.

Trimmed a little SYM @ 31.53 on the great run and as it approaches my fair value for now

Stocktrader