Friday, June 26, 2020

Indices closed down 2.42% to 2.84%......

Indices closed down on renewed fear about COVID-19 with flare ups in many populous state like Florida Texas California & Arizona, all are backtracking their phase 1 or 2 opening. Indices closed @ low of the day.

S&P 500 @ 3009.05, low 3004.63, high 3073.73

RSI @ 45.65

CMF @ 0.103

Internals were :

Down volume led by 5.92 to 1 in NYSE & 3.03 to 1 in Nasdaq

Declining stocks led by 3.99 to 1 in NYSE & 3.54 to 1 in Nasdaq

Net new 52 wk highs were leading by 30 in NYSE & 39 in Nasdaq

VIX UP 7.79% @ 34.73

Oil @ $38.49

Gold @ $1780.30

Canadian $ @ .6299

Stocks which were UP 1% or more included NEM DOCU
MTCH NTAP CLDR TWLO SPLK CRUS FFIV NTNX
OSTK......

Here is my portfolio weighting :

MGM            34.59%

SU                22.44%

AAL             20.45%

CCL            17.41%

APA              5.11%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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