Indices closed down.
S&P 500 @ 3621.63, low 3594.39, high 3634.18
RSI @ 61.19
CMF @ 0.113
Internals were :
Down volume led by 3.68 to 1 in NYSE & .61 to 1 in Nasdaq
Declining stocks led by 2.21 to 1 in NYSE & 1.67 to 1 in Nasdaq
Net new 52 wk highs were leading by 248 in NYSE & 280 in Nasdaq
VIX Down 1.39% @ 20.57
Oil @ $45.34
Gold @ $1780.90
Canadian $ @ .7016
In my portfolio :
Sold JWN $25.50
Sold RIDE $24.76
Bought MGM @ $27.70
Added 40% CCL @ $20.49
Portfolio AAL APA CCL CNX MGM SU
Stocks which were UP 1% or more included MRVL AG GOLD
RXT INTC QRVO DADA DOCU ZI PLAN SHOP KL ROKU
ZM CRWD DDOG NVAX LITE UPS MRNA AAPL QCOM
XLNX LULU NVDA AEM CRUS OLED AMD SWKS MSTR
ACB.....
AH Futures UP
AH Asian Markets UP
AH Oil Down
AH Gold UP
About market, TAPE was digesting huge gains in restart stocks despite MRNA vaccine news of quick availability. Most technology stocks did well and Nasdaq was green until last hour of trading. These bouts of sharp pullbacks must be viewed in terms of how much energy stocks gained in November alone about 50%, so after today's sharp pullback, it is still UP a whopping 42% minimum. Please do not react or change your thesis on restart stocks, they have only started and may recoup today's loss in short order.
BLOG does NOT give buy or sell.
Saleem
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