Tuesday, October 13, 2020

Indices closed down .10% to .63%.....

 Indices closed down.

S&P 500 @ 3511.93, low 3500.86, high 3534.01

RSI @ 62.12

CMF @ 0.111

Internals were :

Down volume led by 3.19 to 1 in NYSE & 1.17 to 1 in Nasdaq

Declining stocks led by 2.00 to 1 in NYSE & 1.49 to 1 in Nasdaq

Net new 52 wk highs were leading by 142 in NYSE & 130 in Nasdaq

VIX UP 3.99% @ 26.07

Oil @ $40.20

Gold @ $1894.60

Canadian $ @ .6858

In my portfolio Sold GAN @ $17.65

Portfolio AAL APA CCL AG IAG MGM RUN SU

Stocks which were UP 2% or more included RUN

JKA CSIQ FSLR BB MU SQ PENN DOCU ZI

ROKU ZM CRWD DDOG ENPH NVAX MRNA

LULU TWLO NFLX CLVS OSTK CMG....

AH Futures UP

AH Asian Markets Down

AH Oil & Gold Down

About market, TAPE closed near low of the day as Lily suspended trial for COVID-19 treatment thus resulting in @ home stocks soaring and travel stocks went down. Market remains healthy and should pick up its pace on Wednesday, expecting a positive close. Remain diversified and try to book profit in extended stocks, check RSI in all your stocks, leave last $ for someone else to take risk.

BLOG does NOT give buy or sell.

Saleem

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