Tuesday, September 29, 2020

Indices closed down .29% to .48%....

 Indices closed down.

S&P 500 @ 3335.47, low 3327.54, high 3357.72

RSI @ 48.63

CMF @ -0.027

Internals were :

Down volume led by 2.59 to 1 in NYSE & .90 to 1 in Nasdaq

Declining stocks led by 1.52 to 1 in NYSE & 1.08 to 1 in Nasdaq

Net new 52 wk highs were leading by 53 in NYSE & 44 in Nasdaq

VIX UP .31% @ 26.27

Oil @ $39.29

Gold @ $1903.20

Canadian $ @ .6584

Portfolio AAL APA CCL AG FCX MGM SU

Stocks which were UP 2% or more included SNOW RXT SQ

DADA AMD NIO ZI SHOP ENPH SEDG KRA SRNE 

VICR JKS SPWRBYND NIU OLED.....

AH Futures UP

AH Asian Markets Down

AH Oil & Gold Down

About market, TAPE rested today after 3 days of gain, Internals were mixed. Reason for mild pullback was the destruction of demand for oil due to renewed 2nd phase COVID-19. There is some progress in dealing or containing Corona virus with new announcement on a daily basis, one of these days all industries including leisure will know how to handle their clients.

BLOG does NOT give buy or sell.

Saleem

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