Tuesday, November 17, 2020

Indices closed down .21% to .56%....

 Indices closed down.

S&P 500 @ 3609.53, low 3588.68, high 3623.11

RSI @ 64.18

CMF @ 0.018

Internals were :

UP volume led by 1.54 to 1 in NYSE & 1.41 to 1 in Nasdaq

Advancing stocks led by 1.30 to 1 in NYSE & 1.07 to 1 in Nasdaq

Net new 52 wk highs were leading by 231 in NYSE & 162 in Nasdaq

VIX UP 1.16% @ 22.71

Oil @ $41.43

Gold @ $1885.10

Canadian $ @ .6887

Portfolio AAL APA CCL MGM SU

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

PINS RUN NIO SPWR DKNG SNOW CSIQ SQ PANW 

PENN DOCU PLAN CNX ROKU TOL HST CRWD

ESTC DDOG ENPH JD NVAX SEDG NCLH NKE

BA BYND LULU BZUN TWLO TSLA SPLK

FSLR TWLO TSLA SPLK FSLR YY OXY

LNG OSTK M....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was under mild selling pressure from open on weak economic data and profit taking. Internals were positive across the board despite negative close. Market is trying to balance cross current of vaccine relate positivity vs ongoing 2nd wave COVID-19. Hopefully soon, there will be a balanced market between stay home and re-opening stocks.

BLOG does NOT give buy or sell.

Saleem

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