Friday, September 11, 2020

Indices closed mixed....

 Indices closed mixed on no progress about stimulus package and any positive catalyst from EU rate policy.

S&P 500 @ 3340.97, high 3368.95, low 3310.47

RSI @ 44.78

CMF @ 0.156

Internals were :

Down volume led by .80 to 1 in NYSE & 1.38 to 1 in Nasdaq

Declining stocks led by 1.05 to 1 in NYSE & 1.40 to 1 in Nasdaq

Net new 52 wk highs were leading by 1 in NYSE & lows by 5 in Nasdaq

VIX Down 9.56% @ 26.87

Oil @ $37.35

Gold @ $1947.90

Canadian $ @ .6811

Stocks which closed 2% or more included FCX MU

PANW LYFT CSIQ SNAP CIEN TOL UBER 

KBH NVAX KRA MRNA DHI NKE JKS 

MOMO CLVS MOMO ....

Here is my portfolio weighting :

SU          22.81%

MGM     20.57%

AAL       19.20%

CCL      13.52%

APA         6.86%

MU         5.76%

AG         4.55%

RXT       2.97%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem


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