Monday, November 16, 2020

Indices closed UP .80% to 1.60%....NICE !!!!

 Indices closed UP.

S&P 500 @ 3626.91, high 3628.51, low 3600.16

RSI @ 66.46

CMF @ -0.17

Internals were :

UP volume led by 6.03 to 1 in NYSE & 2.53 to 1 in Nasdaq

Advancing stocks led by 4.66 to 1 in NYSE & 2.54 to 1 in Nasdaq

Net new 52 wk highs were leading by 325 in NYSE & 222 in Nasdaq

VIX Down 2.81% @ 22.45

Oil @ $41.43

Gold @ $1887.80

Canadian $ @ .6925

Portfolio AAL APA CCL MGM SU

Stocks which were UP 4% or more included AAL APA CCL SU

FCX MU PANW LYFT CNQ DAL CVX KRA EAT MRNA 

TER NCLH BA IQ TSM UAL OXY SLB YELP LMND

ULTA TSM X M ....

AH Futures Mixed

AH Asian Markets UP

AH Oil UP

AH Gold Down

About market, TAPE was lit up before open when MRNA announced one better than PFE in terms of potency of 95% cure ratio vs a lowly 90%, also storage is more in line with real world situation of easy usage. That caused further move up in most stocks related to former  laggard category of travel and re-open of world economy. Oil stocks have been on fire along with most small caps and are @ new all time highs.

BLOG does NOT give buy or sell.

Saleem

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10 comments:

  1. stocktrader_1996November 17, 2020 at 7:06 AM

    Hi Saleem,

    Sold PTON @ 99.81 on poor price action

    Stocktrader

    ReplyDelete
  2. stocktrader_1996November 17, 2020 at 7:15 AM

    Hi Saleem,

    Sold ADPT @ 46.01 on poor price action

    Stocktrader

    ReplyDelete
  3. stocktrader_1996November 17, 2020 at 7:24 AM

    Hi Saleem,

    Bought COTY @ 5.10

    Trying to buy TPR.

    Stocktrader

    ReplyDelete
  4. stocktrader_1996November 17, 2020 at 7:28 AM

    Hi Saleem,

    Bought TPR @ 27.43

    Stocktrader

    ReplyDelete
  5. stocktrader_1996November 17, 2020 at 8:14 AM

    Hi Saleem,

    Sold PINS @ 62.91 to take profits

    Stocktrader

    ReplyDelete
  6. stocktrader_1996November 17, 2020 at 8:25 AM

    Hi Saleem,

    Bought RUN @ 57.60 to regain exposure to this sector

    Stocktrader

    ReplyDelete
  7. Stocks100November 17, 2020 at 9:22 AM


    Hi Stocktrader,

    Good moves...

    Good luck with RUN TPR COTY...

    Saleem

    ReplyDelete
  8. stocktrader_1996November 17, 2020 at 10:21 AM

    Hi Saleem,

    Sold SQ @ 188.27 to take profits

    Stocktrader

    ReplyDelete
  9. Stocks100November 17, 2020 at 10:50 AM


    Hi Stocktrader,

    Very good trade in SQ several times$$$$$

    Saleem

    ReplyDelete
  10. stocktrader_1996November 17, 2020 at 11:46 AM

    Hi Saleem,

    Thank you for the kind words!

    Bought FDX @ 285.00

    I shouldn't have sold this in the first place, but hopefully not too late with good earnings and valuation.

    Stocktrader

    ReplyDelete