Friday, August 21, 2020

Indices closed UP .34% to .69%...NICE !!!!

 Indices closed UP near high of the day. Internals remains weak. Technology remains hot trading idea, AAPL TSLA keep moving north.

S&P 500 @ 3397.16, high 3399.96, low 3379.31

RSI @ 68.70

CMF @ 0.394

Internals were :

Down volume led by 1.82 to 1 in NYSE & 1.33 to 1 in Nasdaq

Declining stocks led by 1.88 to 1 in NYSE & 2.03 to 1 in Nasdaq

Net new 52 wk highs were leading by 83 in NYSE & 44 in Nasdaq

VIX Down .79% @ 22.54

Oil @ $42.31

Gold @ $1947.00

Canadian $ .6795

Stocks which closed green included CCL MGM

TWTR DADA AMD TOL KBH DHI PHM

LITE EAT AAPL NKE SPWR RUN MRVL

QCOM LULU NVDA TSM TSLA SPLK

CRUS BABA CSIQ EXPE NIO WYNN

LVS ULTA SWKS CMG......

In my portfolio...Sold TLRY @ $6.70

Here is my portfolio weighting :

MGM       31.17%

AAL        18.11%

SU         14.14%

CCL      11.25%

MSFT   10.02%

SQ          9.72%

APA       5.59%

Next post by 6 PM on Sunday

BLOG does NOT give buy or sell.

Saleem



No comments: