Indices closed UP 7th day in a row while Nasdaq was UP lucky 8 times. Russell 2000 missing this party.
S&P 500 @ 4378.38, high 4386.26, low 4355.41
RSI @ 59.85
Internals were :
Down volume led by 1.68 to 1 in NYSE & .62 to 1 in Nasdaq
Declining stocks led by 1.24 to 1 in NYSE & 1.05 to 1 in Nasdaq
Net new lows were leading by 11 in NYSE & 100 in Nasdaq
VIX Down .54% @ 14.81
Oil @ $77.37
Gold @ $1973.50
Canadian $ @ .6226
Portfolio AI LYFT META MSFT NVDA PLTR SNAP SHOP TSLA
Market is looking overbought, It may be a good idea to trim some gains.
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hi Saleem,
Trimmed a little HIMS @ 7.34 on this post-earnings pop and still-difficult path to great profitability.
Added to CVNA @ 34.24 on great chart and high short interest and earnings acceptable.
Added small to TYGO @ 2.39 on positive conference call tone despite large challenges.
Stocktrader
Hi Stocktrader,
Good luck with more CVNA & TYGO.....
Trim is good for strategic buys...
Saleem
Hi Stocktrader,
Sold SHOP in Toronto @ $86.49
Added 140% LYFT @ $10.88
Added 25% PLTR @ $18.42
Saleem
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