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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