Wednesday, October 21, 2020

Indices closed Down .22% to .35%.....

 Indices closed down.

S&P 500 @ 3435.56, low 3433.06, high 3464.86

RSI @ 52.31

CMF @ -0.007

Internals were :

Down volume led by 1.62 to 1 in NYSE & 1.17 to 1 in Nasdaq

Declining stocks led by 1.87 to 1 in NYSE & 1.68 to 1 in Nasdaq

Net new 52 wk highs were leading by 47 in NYSE & 28 in Nasdaq

VIX Down 2.39% @ 28.65

Oil @ $40.03

Gold @ $1929.50

Canadian $ @ .6865

Portfolio AAL APA CCL AG MGM RUN SU

Stocks which closed green included AG

IAG FCX SNOW GOLD AEM NEM 

NKLA NXPI TWTR DADA SNAP

AUY GOOS ROKU CGC ERI

MTCH PDD PINS TER BIDU

NKE IQ BZUN FB LRCX 

GOOG NTNX FEYE MA

CMG V X.....

AH Futures Down

AH Asian Markets Down

AH Oil & Gold Down

About market, TAPE did its usual pattern, opened higher closed down & @ low of the day. Stimulus, 2nd wave of COVID-19 & election were known culprit. All major indices are still above 50 DMA but may breach tomorrow. Caution remains the buzzword. Solar stocks took it on the chin today based on potential policy changes on imports of solar panels from China.

BLOG does NOT give buy or sell.

Saleem

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