Indices closed down but near high of the day, continued concern about Corona Virus and its growing infection put downward pressure. Better than expected jobs report in USA & Canada was ignored from the prism of Virus impact in future.
S&P 500 @ 2972.37, low 2901.54, high 2985.93
RSI @ 35.62
CMF @ 0.064
Internals were :
Down volume led by 5.20 to 1 in NYSE & 2.12 to 1 in Nasdaq
Declining stocks led by 4.41 to 1 in NYSE & 3.77 to 1 in Nasdaq
Net new 52 wk lows were leading by 826 in NYSE & 560 in Nasdaq
VIX UP 5.86% @ 41.94...high today 54.39..brand new 52 wk high...
Oil @ $41.28....low low multi year...41.05 new low today.....
Gold @ $1672.40..high today $1692.80....almost touching multiyear high of $1700.00
Canadian $ @ .6572...near 52 wk low....
Stocks which closed green included MOMO AMD
BYND MCD NEM UAL EXPE FFIV TRIP CNX...
Here is my portfolio weighting :
LSCC 27.86%
SQ 20.80%
HUYA 15.57%
IQ 13.76%
LK 13.49%
SPWR 8.52%
Next post by 6 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
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