Monday, December 14, 2020

Indices closed mixed.....

 Indices closed mixed.

S&P 500 @ 3647.49, low 3645.84, high 3697.61

RSI @ 57.10

CMF @ 0.220

Internals were :

Down volume led by 3.64 to 1 in NYSE & .73 to 1 in Nasdaq

Declining stocks led by 1.44 to 1 in NYSE & .99 to 1 in Nasdaq

Net new 52 wk highs were leading by 329 in NYSE & 318 in Nasdaq

VIX UP 6.05% @ 24.72

Oil @ $46.99

Gold @ $1832.10

Canadian $ @ .7207

Portfolio AAL APA CCL MGM SU

Stocks which were UP 1% or more included BB MRVL AMD 

CLOU SPWR JKS CSIQ MU INTC PANW QRVO PENN

DOCU DDOG ENPH NVAX TER VICR LSCC MOMO

QCOM XLNX LULU MCD TWLO TSLA SPLK MA

MGA NFLX NTNX TWTR AMZN....

AH Futures UP

AH Asian Markets Down

AH Oil Down

AH Gold UP

About market, TAPE started strong but DOW faded first then S&P 500 but Nasdaq remained green but all indices closed near low of the day. It was a normal sell the news story of start of vaccine in USA. Nothing has changed as far as technicals or market rotation. Today stay @ home in vogue Tuesday could be " restart ". Stay with your own conviction and watch your diversified allocation give you better gains.

BLOG does NOT give buy or sell.

Saleem

3 comments:

stocktrader_1996 said...

Hi Saleem,

Sold FUBO @ 27.09 to take profits

Bought some HCAT @ 38.95, waiting for the rest @ 39.00

A chart that has rested for months and a fresh upgrade might fuel shares.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

The rest of the HCAT order filled.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Good luck with HCAT

Saleem