Thursday, April 23, 2020

Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2797.80, low 2794.26, high 2844.90

RSI @ 53.13

CMF @ 0.095

Internals were :

UP volume led by 1.92 to 1 in NYSE & 1.55 to 1 in Nasdaq

Advancing stocks led by 1.64 to 1 in NYSE & 1.52 to 1 in Nasdaq

Net new 52 wk highs were leading by 17 in NYSE & 13 in Nasdaq

VIX Down 1.43% @ 41.38

Oil @ $16.50

Gold @ $1745.40

Canadian $ @ .5965

In my portfolio :

Sold APA @ $10.50

Bought CNX @ $11.58

Portfolio AAL CIEN CNX DDOG MGM MU SU TWTR

Stocks which were UP 1% or more included MGM SU APA
CCL BA VICR JKS SQ SPWR BYND FB AEM AMZN
FEYE FSLR CSIQ NFLX CHK LNG YELP WYNN
LVS IBM.....

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was UP nicely until GILD data was released, instant slump then recovery to mixed close. Internals were all positive. This TAPE is still very jittery on any news good or bad and is reactionary. Friday may not be indicative of where we are in COVID-19 news cycle, Monday may be a better day where normalization may be in focus.

BLOG does NOT give buy or sell.

Saleem

2 comments:

Stocks100 said...


Hi Stocktrader,

Bought AMD $55.05

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with AMD!

The chips stocks are acting a little strangely this week.

Stocktrader