Tuesday, September 22, 2020

Indices UP .52% to 1.71%...NICE !!!!

Indices closed UP.

S&P 500 @ 3315.57, high 3320.31, low 3270.95

RSI @ 43.70

CMF @ 0.069

Internals were :

UP volume led by 1.04 to 1 in NYSE & 1.64 to 1 in Nasdaq

Advancing stocks led by 1.25 to 1 in NYSE & 1.00 to 1 in Nasdaq

Net new 52 wk highs were leading by 12 in NYSE & lows by 18 in Nasdaq

VIX Down 3.31% @ 26.86

Oil @ $39.60

Gold @ $1907.60

Canadian $ @ .6683

Portfolio AAL APA CCL AG FCX MGM SU

Stocks which were UP 2% or more included MGM

SNOW SQ MSFT NKLA QRVO TWTR SNAP

PENN NIO DOCU DKNG ZI PLAN CNQ TOL

SHOP ROKU ZM CRWD DDOG KBH DHI

NCLH PHM NKE VICR BYND LULU FB

AMZN SPLK EXPE GOOG NTNX MA

OSTK SWKS CMG......

AH Futures Mixed

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE closed near high of the day after some hesitation. COVID-19 2nd wave all over the world remains in focus which badly needs reprieve, its awfully quiet on vaccine front. Market is trying to find footing near support. Politics in USA is a huge diversion going forward. Make sure diversification remains a high priority.

BLOG does NOT give buy or sell.

Saleem

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