Indices closed UP.
S&P 500 @ 3443.44, high 3486.25, low 3405.17
RSI @ 55.10
CMF @ -0.064
Internals were :
UP volume led by .87 to 1 in NYSE & 1.91 to 1 in Nasdaq
Advancing stocks led by 1.36 to 1 in NYSE & 1.26 to 1 in Nasdaq
Net new 52 wk highs were leading by 125 in NYSE & 112 in Nasdaq
VIX Down 16.82% @ 29.57
Oil @ $39.15
Gold @ $1896.20
Canadian $ @ .6882
Portfolio AAL APA CCL AG MGM RUN SU
Stocks which were UP 5% or more included PINS MRVL NIO
AMD DKNG PANW LYFT DADA PENN DOCU PLAN
SHOP ROKU TOL ZM CRWD ESTC UBER KBH TER
AAPL DHI PHM LSCC XLNX LULU NVDA TWLO
LRCX AMZN AMAT OLED YY SQ NTNX YELP
FB CMG....
AH Futures UP
AH Asian Markets UP
AH Oil Down
AH Gold UP
About market, TAPE was in overdrive due to election trend in US election with mostly status quo which means no radical legislation to curb Capitalism. Nasdaq stay home stocks were strongest plus UBER & LYFT due to approval of proposition in California. Internals were surprisingly not so strong. Hopefully with more clarity on US election results, rally should continue.
BLOG does NOT give buy or sell.
Saleem
6 comments:
Hi Saleem,
Sold ELF @ 18.82 on disappointing growth projections
Stocktrader
Hi Stocktrader,
Good luck with new pick!
Saleem
Hi Saleem,
Sold SWKS @ 146.99 to take profits
Stocktrader
Hi Saleem,
Sold BHVN @ 87.89 to take profits
Stocktrader
Hi Saleem,
Sold SQ @ 175.89 to take profits
Stocktrader
Hi Stocktrader,
Good moves in booking profit$$$$
Saleem
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