Monday, May 15, 2023

Indices closed UP .14% to .66%...NICE !!!

 Indices closed UP.

S&P 500 @ 4136.28, high 4141.25, low 4110.27

RSI @ 54.32

CMF @ 0.100

Internals were :

UP volume led by 2.74 to 1 in NYSE & 2.39 to 1 in Nasdaq

Advancing stocks led by 2.10 to 1 in NYSE & 1.85 to 1 in Nasdaq

Net new lows were leading by 3 in NYSE & 83 in Nasdaq

VIX UP .53% @ 17.12

Oil @ $70.04

Gold @ $2022.70

Canadian $ @ .6514

In my portfolio :

SOLD AI @ $21.50

Sold SHOP @ $61.68

Bought LSPD @ $14.19

Added 150% SQ @ $56.58

Portfolio ARKK LSPD MGM SNAP SQ

Stocks which were UP 2% or more included ARKK SQ 

AI COIN TTD JD PDD TPR RIOT NIO CCL AMAT

NTR MOS MU GE TECK TSM QCOM QRVO 

SWKS SCHW AMD SNOW INTC LYFT NEM

AEM DOCU ZI ZM MTCH CRWD ESTC 

NTAP TER NVDA META LRCX SPLK

BABA OSTK M MSTR...

AH Futures Down

AH Asian Markets UP

AH Oil UP

AH Gold Down

About market, TAPE closed UP, Internals were positive. Many sectors participated in today's rally BUT Nasdaq was the strongest again. Debt ceiling talk is starting on Tuesday, hopefully they make some progress which will improve market sentiment.

BLOG does NOT give buy or sell.

Saleem

3 comments:

stocktrader_1996 said...

Hi Saleem,

Good luck with more SQ!

Your SHOP trade was a year-maker, congrats! :)

Stocktrader

Stocks100 said...


Hi Stocktrader,

Thanks for your highly valued feedback re SHOP....

SQ is not behaving as per my expectations...

Saleem

Stocks100 said...


Hi Stocktrader,

Sold SQ @ $55.32

Bought SHOP @ $60.52

Saleem