Friday, October 23, 2020

Indices closed mixed.....

 Indices closed mixed where DOW lost slightly while Nasdaq & S&P 500 closed green. News on vaccine front is encouraging on a daily basis by many drug firms.US election is winding down where debate was conducted in a respectful manner.

S&P 500 @ 3465.39, high 3466.46, low 3440.45

RSI @ 55.75

CMF @ 0.031

Internals were :

UP volume led by 1.54 to 1 in NYSE & 1.34 to 1 in Nasdaq

Advancing stocks led by 1.74 to 1 in NYSE & 1.63 to 1 in Nasdaq

Net new 52 wk highs were leading by 52 in NYSE & 46 in Nasdaq

VIX down 1.99% @ 27.55

Oil @ $39.85

Gold @ $1905.20

Canadian $ @ .6849

Stocks which were UP 1% or more included CCL MGM SU

SPWR CSIQ FSLR LYFT NXPI SNAP AMD DOCU PLAN

SHOP TOL MTCH KBH ELF TER NCLH DHI PHM VICR

HUYA MOMO XLNX LULU BZUN NVDA FB UAL YY

BABA GOOG LVS CMG X M.....

In my portfolio Added 60% RUN @ $56.00

Here is my portfolio weighting :

MGM        31.77%

SU           19.21%

AAL         17.31%

CCL        13.11%

RUN         7.29%

AG           6.35%

APA         4.96%

Next post by 6 PM on Sunday

BLOG does NOT give buy or sell.

Saleem

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