Friday, November 20, 2020

Indices closed down .42% to .75%.....

 Indices closed down on 2nd wave spreading fast worldwide including Canada with lockdown , curfew and other measures to contain Corona Virus, this resulting in indices closing near low of the day, no real damage done to technical picture. Nasdaq internals were positive.

S&P 500 @ 3557.54, low 3556.85, high 3581.23

RSI @ 57.08

CMF @ -0.069

Internals were :

UP volume led by .81 to 1 in NYSE & 1.47 to 1 in Nasdaq

Advancing stocks led by .95 to 1 in NYSE & 1.12 to 1 in Nasdaq

Net new 52 wk highs were leading by 174 in NYSE & 171 in Nasdaq

VIX UP 2.55% @ 23.70

Oil @ $42.42

Gold @ $1872.42

Canadian $ @ .6921

Stocks which closed green included   APA RIDE

FCX SNAP PINS RUN NIO SPWR JKS CSIQ

SQ PANW TWTR DADA ZI SHOP ROKU

ZM ESTC PDD JD SEDG KRA MRNA

BZUN BABA NTNX OSTK TLRY BB..

In my portfolio.. Bought RIDE @ $26.60

Here is my portfolio weighting :

MGM        34.66%

SU            22.91%

CCL         17.83%

AAL        16.73%

APA         5.95%

RIDE      1.86%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem


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