Tuesday, November 3, 2020

Indices closed UP 1.78% to 2.06%....NICE !!!!

 Indices closed UP.

S&P 500 @ 3369.16, high 3389.49, low 3326.35

RSI @ 48.38

CMF @ -0.032

Internals were :

UP volume led by 5.53 to 1 in NYSE & 3.83 to 1 in Nasdaq

Advancing stocks led by 4.24 to 1 in NYSE & 4.11 to 1 in Nasdaq

Net new 52 wk highs were leading by 69 in NYSE & 26 in Nasdaq

VIX Down 4.26% @ 35.55

Oil @ $37.66

Gold @ $1910.40

Canadian $ @ .6863

Portfolio AAL APA CCL AG MGM RUN SU

Stocks which closed UP 3% or more included AG MGM

NIO DKNG LYFT TWTR PENN DOCU CNQ PDD

EAT BA LULU NVDA TSLA LRCX FEYE CRUS

EXPE FFIV NTNX MS OSTK ULTA M.....

AH Futures Mixed

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE reacted to positive economic news in USA. Election day voting brought focus back to economic improvement to come worldwide, with better than expected growth projection from China. Indices closed near high of the day with internals mostly strong. Hopefully by the time we all wake UP there will be an elected President in USA.

BLOG does NOT give buy or sell.

Saleem

4 comments:

stocktrader_1996 said...

Hi Saleem,

Bought KRA @ 26.88

With the corporate tax increase off the table, and an aggressive anti-carbon agenda also on pause, this stock could see benefits.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with KRA....

Saleem

stocktrader_1996 said...

Hi Saleem,

Sold SNAP @ 41.77 to take profits

Bought LITE @ 83.27

Added a little to ELY @ 16.25

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with LITE and more ELY...

Nice to book profit quickly$$$$$

Saleem