Thursday, October 29, 2020

Indices closed UP .52% to 1.64%....NICE!!!!

 Indices closed UP.

S&P 500 @ 3310.11, high 3341.05, low 3259.82

RSI @ 40.23

CMF @ -0.057

Internals were :

UP volume led by 2.44 to 1 in NYSE & 1.91 to 1 in Nasdaq

Advancing stocks led by 1.88 to 1 in NYSE & 1.90 to 1 in Nasdaq

Net new 52 wk lows were leading by 67 in NYSE & 47 in Nasdaq

VIX Down 6.68% @ 37.59

Oil @ $36.17

Gold @ $1868.00

Canadian $ @ .6629

Portfolio AAL APA CCL AG MGM RUN SU

Stocks which were UP 5% or more included APA CCL MGM

NIO NVAX KRA HUYA TWTR X ACB TLRY.....

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE started lower then found support and turned UP. Indices closed near high of the day. Internals were mostly positive. AH earnings reaction were mostly negative except GOOG. Futures are lower, hopefully Friday may bring some buying by close.

BLOG does NOT give buy or sell.

Saleem

4 comments:

stocktrader_1996 said...

Hi Saleem,

Sold QRVO @ 125.65 on sluggish iphones

Bought ENPH @ 95.25 to get alternative energy exposure

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with ENPH....

Saleem

stocktrader_1996 said...

Hi Saleem,

Sold LITE @ 83.05 on uncertain earnings/reaction

Bought SQ @ 156.00 on this dip

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with SQ

Saleem