Thursday, July 20, 2023

Indices closed mixed....

 DOW closed in green and @ highest close in months.

Nasdaq took it on the chin with a slump of 2.05%

RSI is telling an interesting story NOW :

DOW @ 71.49

S&P 500 @ 67.94

Nasdaq @ 61.18

SO...all of a sudden Nasdaq is a bargain & DOW overbought....how times changed overnight....

In my portfolio :

Sold AMD in Canada @ $21.74

Added 100% SHOP @ $66.79.....

Portfolio AI PLTR SHOP BTCC

Todays selling was courtesy of EUPHORIA & so so earnings from NFLX & TSLA.....

BUT It COULD be a 1 DAY selling......shall see by close....

BLOG does NOT give buy or sell.

Saleem


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5 comments:

  1. stocktrader_1996July 21, 2023 at 9:15 AM

    Hi Saleem,

    My favorite survey: https://www.aaii.com/sentimentsurvey

    Bullish sentiment highest in more than 2 years.

    Stocktrader

    ReplyDelete
  2. Stocks100July 21, 2023 at 9:51 AM


    Hi Stocktrader,

    Saw that yesterday and duly noted it.

    Things are changing BUT rotation IS ON...RSI works!!!

    Good luck with your take AAII.....

    Saleem

    ReplyDelete
  3. stocktrader_1996July 21, 2023 at 10:39 AM

    Hi Saleem,

    Added 50% to JETD @ 20.84 on a potential peak in consumer "rebound" travel

    Stocktrader

    ReplyDelete
  4. stocktrader_1996July 21, 2023 at 10:59 AM

    Hi Saleem,

    Added to TZA @ 23.16 with remaining cash

    There wasn't really anything I wanted to buy, so I thought maybe put the cash here.

    Stocktrader

    ReplyDelete
  5. Stocks100July 21, 2023 at 11:13 AM


    Hi Stocktrader,

    Good move in more JETD....your thesis stands....that IS the reason I have avoided UAL my Fav & DAL....all is not well in the skies....

    Good luck with JETD & TZA

    Saleem

    ReplyDelete