Wednesday, December 2, 2020

Indices closed mixed....

 Indices closed mixed.

S&P 500 @ 3669.01, high 3670.96, low 3644.84

RSI @ 65.42

CMF @ 0.131

Internals were :

UP volume led by 2.20 to 1 in NYSE & 1.90 to 1 in Nasdaq

Advancing stocks led by 1.46 to 1 in NYSE & 1.15 to 1 in Nasdaq

Net new 52 wk highs led by 170 in NYSE & 128 in Nasdaq

VIX UP 1.93% @ @ 21.17

Oil @ $45.28

Gold @ $1830.20

Canadian $ @ .7062

Portfolio AAL APA CCL CNX MGM SU

Stocks which were UP 2% or more included AAL APA CCL SU 

BIDU SNAP NIO PFE BB MU LYFT PENN CGC UBER PDD

CVX KRA ELF BA LRCX UAL JWN OXY SLB NTNX ACB

TLRY WYNN X M.....

AH Futures Mixed

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE made a new all time record high closing in S&P 500 closing @ high of the day. Vaccine approval keeps coming from UK first USA to follow in next 2 weeks with 2 approvals. Rotation is in full swing while everyone waits for " 5% pullback " There is rotation pullbacks in every sector on every 2 trading day basis that adjusts mini froth in a hurry.

BLOG does NOT give buy or sell.

Saleem

3 comments:

Stocks100 said...


Hi Stocktrader,

Added 60% MGM @ $29.60.

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with more MGM!

This is one of the best market environments we've seen in a long time.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Yes perfect for everyone...day traders / swing traders / long term investors....all happy..

Even all sectors are moving fast $$$$$

Saleem