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
2 comments:
Hi Saleem,
The 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
Hi 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
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