Monday, November 9, 2020

Indices closed mixed.....

 Indices closed mixed.

S&P 500 @ 3550.50, high 3645.99, low 3547.48

RSI @ 62.97

CMF @ -0.212

Internals were :

UP volume led by 4.67 to 1 in NYSE & 1.73 to 1 in Nasdaq

Advancing stocks led by 3.22 to 1 in NYSE & 1.98 to 1 in Nasdaq

Net new 52 wk highs were leading by 520 in NYSE & 377 in Nasdaq

VIX UP 3.58% @ 25.75

Oil @ $40.29

Gold @ $1854.40

Canadian $ @ .7016

In my portfolio in pre market

Sold AG @ $11.48

Bought PFE @ $41.40

Portfolio AAL APA CCL MGM PFE RUN SU

Stocks which were UP 5% or more included 

AAL APA CCL MGM PFE SU

NIO LYFT GOOS CNQ DAL HST NTAP

UBER TD CVX EAT ELF MRNA NCLH 

BA UAL EXPE FFIV OXY SLB YELP

WYNN LVS MA MS ULTA V X M ACB....

AH Futures Mixed

AH Asian Markets UP

AH Oil Down

AH Gold UP

About market, TAPE was already UP 400 points in DOW in pre market when news broke of PFE vaccine being 90% effective, that propelled market to open sharply higher, DOW was UP as much as 1600 points. DOW & S&P 500 both closed @ new all time high. Internals were mostly strong. Nasdaq closed in red which highlights shift in strategies and rotation.

BLOG does NOT give buy or sell.

Saleem

5 comments:

stocktrader_1996 said...

Hi Saleem,

Bought BHVN @ 81.37

Buying back favorites after the decline.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Added to PINS @ 54.48 with remaining cash

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with BHVN & more PINS....

Saleem

stocktrader_1996 said...

Hi Saleem,

Sold KRA @ 26.52

Bought QRVO @ 144.08

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with QRVO.

Saleem