Indices breached key technical levels in key Indices.
S&P 500 @ 4137.23, low 4127.90, high 4183.60
RSI @ 30.42
Internals were :
Down volume led by .87 to 1 in NYSE & 1.29 to 1 in Nasdaq
Declining stocks led by 1.02 to 1 in NYSE & 1.14 to 1 in Nasdaq
Net new lows were leading by 390 in NYSE & 488 in Nasdaq
VIX UP 2.43% @ 20.68
Oil @ $82.31
Gold @ $1997.40
Canadian $ @ .6165
In my portfolio ...added 30% TSLA in Toronto @ $19.73
Portfolio AI LYFT META NVDA PLTR SHOP TSLA
VIX is telling us that this selling has run its course.....
BLOG does NOT give buy or sell.
Saleem
Hi Saleem,
ReplyDeleteThe sickness really knocked me out for a few days...
Good luck with more SHOP and TSLA!
The market has been difficult these last two months. Thankfully our great start to the year has provided plenty of cushion :)
Stocktrader
ReplyDeleteHi Stocktrader,
I am happy that you are well now.
YES....markets are generally difficult BUT sometimes IT gives signal to optimize investment in certain stocks or sectors...which we both did.....thankfully....
Saleem