Indices closed UP not only @ high of the day but new all time highs in S&P 500 & Nasdaq. Today's TAPE action was broad based and rotation was in full swing, lot of hope based on $5 test in 5 minutes from Abbott Lab.
S&P 500 @ 3508.01, high 3509.23, low 3484.32
RSI @ 79.26
CMF @ 0.431
Internals were :
UP volume led by 3.98 to 1 in NYSE & 2.88 to 1 in Nasdaq
Advancing stocks led by 2.47 to 1 in NYSE & 2.00 to 1 in Nasdaq
Net new 52 wk highs were leading by 163 in NYSE & 117 in Nasdaq
VIX Down 6.17% @ 22.96
Oil @ $42.97
Gold @ $1974.90
Canadian $ @ .6889
Stocks which closed UP 5% or more included CCL AG FCX
MRVL NKLA ROKU EAT SEDG NCLH JKS CSIQ RUN
WB IQ NTNX ULTA.....
In my portfolio ...Bought MGM @ $23.10
Here is my portfolio weighting :
SU 24.62%
AAL 18.06%
MGM 16.70%
CCL 11.80%
GOLD 8.18%
APA 5.26%
MU 5.11%
AG 4.27%
FCX 3.29%
RXT 2.71%
Next post by 6 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
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