Indices closed lower some @ absolute low of the day.....
S&P 500 @ 6051.25, low 6051.25, high 6079.68
Internals :
Down volume led by 2.64 to 1 in NYSE & 1.21 to 1 in Nasdaq
Declining stocks led by 3.10 to 1 in NYSE & 3.16 to 1 in Nasdaq
Net new highs were leading by 23 in NYSE & lows by 21 in Nasdaq
VIX UP 2.5% @ 13.92
Oil @ $70.02
Gold @ $2705.20
Canadian $ @ .5818
Bought GOOG AAPL TSLA, MORE MSFT
Portfolio GOOG AAPL MU MSFT
BTCC CRM TSLA RIOT SMCI.....
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hi Stocktrader,
Bought GDXJ @ $47.45
Saleem
Hi Saleem,
Nice buy on the dip!
Stocktrader
Hi Saleem,
Ok I may have overlooked that I was not in SOUN in my long-term account as I did add it to my trading accounts last week when I was looking closely at it... so here's the swap into my favorite new ideas:
Sold OSIS @ 181.97 - It's been a great run but I don't think the fundamentals could possibly have changed that quickly. I'll take profits and look to re-enter when some of my other positions either go stale or resolve to the upside.
Sold MTRN @ 109.55 - This one is very difficult to figure out on a day-to-day basis but the struggling chart gives me a reason to sell and deploy cash elsewhere. It's again a stock I'll be looking closely at next year.
Bought SRRK @ 42.57 - A biotech stock where a competitor fell to the wayside leaving a niche market potentially all for the taking. It becomes a takeover candidate also with this backdrop.
Bought SOUN @ 17.08 - With voice a natural early application of AI, there could be more room to run with sentiment and business prospects. Last quarter's beat, but more importantly, guide nicely higher for next year solidifies the thesis.
Added remaining small cash to BMR @ 3.71 - With a strong run recently, and unusual momentum to the upside on certain days, I want to participate more on a stock that hasn't performed well for me but seems to be coming to life.
Stocktrader
Hi Stocktrader,
Good luck with SOUN...its flying today $3++++
Saleem
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