Indices closed mixed after being UP for almost 2 weeks.
S&P 500 @ 5187.70, high 5200.23, low 5178.96
RSI @ 58.85
Internals were :
UP volume led by 1.05 to 1 in NYSE & 1.01 to 1 in Nasdaq
Advancing stocks led by 1.52 to 1 in NYSE & .95 to 1 in Nasdaq
Net new highs were leading by 270 in NYSE & 81 in Nasdaq
VIX down 1.93% @ 13.23
Oil @ $78.38
Gold @ $2331.20
Canadian $ @ .6284
In my portfolio :
Sold SHOP @ $106.40 in Toronto
Sold GOOG @ $29.05 in Toronto
Portfolio AMD INTC META MSFT NVDA BTCC SOUN
Indices may need to digest gains for few trading days....
BLOG does NOT give buy or sell.
Saleem
6 comments:
Hi Saleem,
Trimmed TWST @ 42.67
Added to FLYW @ 16.35
After outsized reactions in both post-earnings, a little rebalance was necessary. The FLYW miss was all FX-related - the growth story remains intact in my opinion.
Stocktrader
Hi Stocktrader,
Thanks for updating your analysis on FLYW...most helpful thing you do consistently, BLOG appreciates your feedback which helps many visitors.
Good luck !
Saleem
Hi Saleem,
You had a very smart move on SHOP before ER. Is this a good time to pick some shares or just wait. Thanks.
Michael
Hi Michael,
Below $60 IF one can get it will be a great entry..$59 is my number in US equivalent...
By close it should be deeply oversold...a daring buy may be in order...
Good luck on your decision....
Saleem
Hi Saleem/Michael,
I was also thinking what a smart move that was!
Thank you for the feedback on your re-entry idea - it's on my potential buy list also now.
Stocktrader
Stocktrader, thank you your analysis on FLYW. I bought some of flyw before earnings and just bought more. Waiting to buy shop. Thank you!
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