Wednesday, August 5, 2020

Indices closed UP .52% to 1.39%....NICE !!!!

Indices closed UP.

S&P 500 @ 3327.77, high 3330.77, low 3317.37

RSI @ 66.70

CMF @ 0.355

Internals were :

UP volume led by 2.57 to 1 in NYSE & 2.20 to 1 in Nasdaq

Advancing stocks led by 2.46 to 1 in NYSE & 2.14 to 1 in Nasdaq

Net new 52 wk highs were leading by 313 in NYSE & 288 in Nasdaq

VIX Down 3.24% @ 22.99

Oil @ $42.19

Gold @ $2049.30

Canadian $ @ .6741

In my portfolio ...Bought APA @ $16.21

Portfolio AAL APA CCL MGM MSFT SU

Stocks which were UP 2% or more included AAL CCL SU APA
SQ CLDR PENN ZI CNQ GAN DAL MTCH ZM KBH ENPH
PINS SEDG KRA ELF HUYA SPWR RUN MOMO LULU
AEM AMZN UAL SPLK FSLR PANW YY MA OSTK
NKE.....

AH Futures Mixed

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE continued its march towards series of new all time highs in Nasdaq. We closed near high of the day with internals being strong. After hours earnings tonight is mixed. Sector rotation continues with airlines in focus. Direction is UP so stay engaged with your own preferred stocks.

BLOG does NOT give buy or sell.

Saleem

3 comments:

stocktrader_1996 said...

Hi Saleem,

Good luck with APA!

Stocktrader

stocktrader_1996 said...

Hi guys,

Trying a few trading moves:

Sold RUN @ 46.67 to take profits and ahead of earnings
Trimmed PINS @ 35.90 to take profits

Bought ALB @ 84.48 after good earnings and story
Bought AVLR @ 128.38 after the secondary

Stocktrader

Stocks100 said...


Hi Stocktrader,

Nice moves.....

Good luck with ALB & AVLR

Saleem