Indices closed UP, S&P went to 5000 and decided 1 more day to close above.
S&P 500 @ 4997.91, high 5000.40, low 4987.09
RSI @ 70.84
Internals were :
UP volume led by 1.35 to 1 in NYSE & 2.50 to 1 in Nasdaq
Advancing stocks led by 1.43 to 1 in NYSE & 1.62 to 1 in Nasdaq
Net new highs were leading by 289 in NYSE & 125 in Nasdaq
VIX Down .31% @ 12.79
Oil @ $75.46
Gold @ $2047.90
Canadian $ @ .6532
In my portfolio :
Sold LSPD @ $20.02 in Toronto
Added 300% AMD @ $32.62 in Toronto
Portfolio AMD GOOG MSFT SHOP META BTCC.TO
Please watch internals of this market which IS more than positive, IF it acts like a " bull market " It must be a bull.
BLOG does NOT give buy or sell.
Saleem
Hi Saleem,
ReplyDeleteSold HIMS @ 9.88 to take profits ahead of earnings
It remains to be seen how profitable they can be, and that has been a sticking point for a few companies that have reported already. I'll wait this one out until I get further clarity.
Stocktrader
ReplyDeleteHi Stocktrader,
YES....earnings are unpredictable and reaction can be more unpredictable.....booking profit is a neat concept$$$$ before or after earning report....
Good luck with next pick$$$
Saleem
HI Saleem,
ReplyDeleteDoubled up on SOXS @ 4.32 on maximum positive news flow and double top potential on the SOX chart.
Stocktrader
ReplyDeleteHi Stocktrader,
You are an excellent technician, YES technical picture matters.....
Good luck with " double the fun " on SOXS....
Saleem