Thursday, August 13, 2020

Indices closed mixed....

 Indices closed mixed.

S&P 500 @ 3373.43, low 3363.35, high 3387.24

RSI @ 67.40

CMF @ 0.364

Internals were :

Down volume led by 1.76 to 1 in NYSE & .99 to 1 in Nasdaq

Declining stocks led by 1.42 to 1 in NYSE & 1.20 to 1 in Nasdaq

Net new 52 wk highs were leading by 124 in NYSE & 86 in Nasdaq

VIX Down .67% @ 22.13

Oil @ $42.24

Gold @ $1970.40

Canadian $ @ .6781

Portfolio AAL APA CCL MGM MSFT SQ SU TLRY

Stocks which closed green included MGM SQ TLRY

NKLA TWTR PENN DKNG GAN ZM CRWD

DDOG ENPH SEDG AG EAT RUN FSLR 

BYND TSLA AEM CSIQ ROKU OSTK

ULTA CMG....

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was mixed despite better employment data. Politicians are back @ partisan politics thus no negotiations, what else is new. Rotation keeps happening with back to stay home stocks today, Friday could reverse to back to normalcy stocks. Friday should be positive by close as we are pushing COVID-19 in the background and more focus on opening schools.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi guys,

Sold HUBS @ 283.75 to take profits

Stocktrader

stocktrader_1996 said...

Hi guys,

Sold ELY @ 18.02 on poor price action

I'm not sure what's wrong with the stock, but it doesn't go up on virus or non-virus days, so I think it's a valuation/growth problem.

Stocktrader