Indices closed down on poor earnings and renewed threat of duties against China by USA.....what else is new.....Market does not like surprises in the middle of earnings season and COVID-19 pandemic so down we went and closed near low of the day.
S&P 500 @ 2830.71, low 2821.61, high 2869.09
RSI @ 52.53
CMF @ 0.036
Internals were :
Down volume led by 9.64 to 1 in NYSE & 2.81 to 1 in Nasdaq
Declining stocks led by 5.26 to 1 in NYSE & 4.38 to 1 in Nasdaq
Net new 52 wk lows were leading by 6 in NYSE & highs by 1 in Nasdaq
VIX UP 8.9% @ 37.19
Oil @ $19.78
Gold @ $1700.90
Canadian $ @ .5896
In my portfolio :
Sold AMD @ $50.71
Sold TWTR @ $27.65
Bought MGM @ $15.60......all 3 trades in pre market
Stocks which closed green included CIEN
MRNA NEM AEM.....
Here is my portfolio weighting :
SU 18.41%
MU 16.91%
CIEN 14.91%
CNX 13.61%
MGM 12.07%
AAL 11.41%
DDOG 8.44%
CLDR 4.24%
Next post by 6 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
No comments:
Post a Comment