Indices closed mixed.
S&P 500 @ 3390.68, low 3388.71, high 3409.51
RSI @ 46.24
CMF @ -0.010
Internals were :
Down volume led by 2.78 to 1 in NYSE & 1.03 to 1 in Nasdaq
Declining stocks led by 1.94 to 1 in NYSE & 1.55 to 1 in Nasdaq
Net new 52 wk highs were leading by 5 in NYSE & lows by 24 in Nasdaq
VIX UP 2.74% @ 33.35
Oil @ $39.57
Gold @ $1911.90
Canadian $ @ .6839
Portfolio AAL APA CCL AG MGM RUN SU
Stocks which closed green included AG
IAG FCX MRVL SNOW GOLD SQ
MSFT NKLA CLDR TWTR SNAP
AUY NIO NEM DOCU ZI SHOP
KL ROKU ERI MTCH ZM ESTC
DDOG PDD JD PINS NVAX AAPL
BIDU IQ HUYA MOMO BZUN
NVDA FB TSLA AEM AMZN
BABA OSTK X....
AH Futures Down
AH Asian Markets Down
AH Oil & Gold Down
About market, TAPE opened higher then closed near low of the day. COVID-19 seems to be out of control in many parts of the world including Canada. Market is trying to discount the enormity of Corona and also trying to handicap US election, thus a very uncertain picture, market hates uncertainty. Keep your faith and be opportunistic in switching or buying.
BLOG does NOT give buy or sell.
Saleem
6 comments:
Hi Saleem,
Sold USCR @ 32.10
Bought ELY @ 16.91
Stocktrader
Hi Saleem,
Sold AGCO @ 76.00 to raise cash
Stocktrader
Hi Saleem,
Sold RUN @ 54.84 as the race tightens
Stocktrader
Hi Saleem,
Bought FDX @ 263.47 on this dip
Stocktrader
Hi Saleem,
Bought SNAP @ 40.35
It is the primary communications platform for the young generation. I see it every day at home.
Stocktrader
Hi Stocktrader,
Good luck with ELY FDX SNAP.
Saleem
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