Monday, October 12, 2020

Indices closed UP .88% to 2.56%....NICE!!!

 Indices closed UP.

S&P 500 @ 3534.22, high 3549.85, low 3499.61

RSI @ 64.90

CMF @ 0.116

Internals were :

UP volume led by 1.65 to 1 in NYSE & 2.30 to 1 in Nasdaq

Advancing stocks led by 1.78 to 1 in NYSE & 1.58 to 1 in Nasdaq

Net new 52 wk highs were leading by 237 in NYSE & 226 in Nasdaq

VIX UP .28% @ 25.07

Oil @ $39.43

Gold @ $1928.90

Canadian $ @ .6877

Portfolio AAL APA CCL AG GAN IAG MGM RUN SU

Stocks which were UP 1% or more included IAG 

DKNG SNOW MU RXT INTC MSFT CLDR

TWTR DADA AMD NIO DOCU CNX CGC

CRWD ESTC NTAP KBH PDD JD AAPL

LSCC ASML BZUN NVDA TSM TWLO 

FB TSLA LRCX AMZN AMAT BABA 

WYNN MS ULTA SWKS.....

AH Futures Down

AH Asian Markets UP

AH Oil & Gold Down

About market, TAPE was strong and closed near high of the day. Technology stocks were the strongest while other sectors also participated including Financials. Solar stocks took beating on some regulatory loophole which may be eliminated. Tuesday could be interesting in terms of sector rotation as Banks are reporting before open.

BLOG does NOT give buy or sell.

Saleem

2 comments:

Stocks100 said...

Hi Stocktrader,

Sold GAN @ $17.65

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with the next pick!

Stocktrader