Thursday, November 19, 2020

Indices closed UP .15% to .87%....NICE !!!!

 Indices closed UP.

S&P 500 @ 3581.87, high 3585.22, low 3543.84

RSI @ 60.13

CMF @ 0.006

Internals were :

UP volume led by 2.0 to 1 in NYSE & 5.67 to 1 in Nasdaq

Advancing stocks led by 1.77 to 1 in NYSE & 1.78 to 1 in Nasdaq

Net new 52 wk highs were leading by 107 in NYSE & 115 in Nasdaq

VIX Down 3.06% @ 23.11

Oil @ $41.74

Gold @ $1861.50

Canadian $ @ .6913

Portfolio AAL APA CCL MGM SU

Stocks which were UP 2% or more included APA CCL

NKLA SNAP NIO AMD SPWR DKNG GAN PANW

DADA PENN DOCU SHOP ROKU CRWD ESTC

KBH ENPH PDD SEDG MRNA BYND LULU

BZUN TWLO TSLA FSLR AMAT FFIV YY 

OXY SLB SQ LNG WYNN LVS M....

AH Futures Down

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE reacted to British treatment for COVID-19 and closed UP. Internals were all positive. California imposed curfew @ night to control surging 2nd wave which may give weak open, good time to buy on weakness. Expecting a positive close.

BLOG does NOT give buy or sell.

Saleem

2 comments:

Stocks100 said...


Hi Stocktrader,

Bought RIDE @ $26.60

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with RIDE!

I am absolutely terrified of the valuations in the EV space versus the TAM, so I'm staying with GM as the scared play lol.

Stocktrader