Indices closed UP 5.60% to 6.38%...NICE !!!!

Indices closed UP.

S&P 500 @ 2630.07, high 2637.01, low 2500.72

RSI @ 46.22

CMF @ 0.143

Internals were :

UP volume led by 5.69 to 1 in NYSE & 3.54 to 1 in Nasdaq

Advancing stocks led by 6.03 to 1 in NYSE & 4.63 to 1 in Nasdaq

Net new 52 wk lows were leading by 61 in NYSE & 26 in Nasdaq

VIX Down 4.61% @ 61.00

Oil @ $22.60

Gold @ $1651.20

Canadian $ @ .5951

In my portfolio :

Sold TNA @ $17.80
Sold XLE @ $30.06
Sold GDX @ $27.20
Sold SU @ $13.92
Sold PHM @ $25.30
Bought AMD @ $45.70
Added 50% ROKU @ $92.00

Portfolio AMD CIEN LK MU ROKU TWTR

Stocks which were UP 5% or more included AMD CIEN MU PHM
NKE BA LYFT UBER HUYA SQ MRVL QCOM XLNX BIDU
MSFT LRCX AAPL SPLK FSLR AMAT CRUS CSIQ GOOG
NFLX QRVO SNAP ORCL MS SWKS NKE IBM.....

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was super strong and made UP move 3 day's in a row, gains were out of the park in most stocks, had to book profit in a hurry and made portfolio much smaller with different mix of stocks, some laggards some old favorites. Swing / daytrading is highly recommended for traders while investors can have long term views.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed