Monday, December 21, 2020

Indices closed mixed....

 Indices closed mixed.

S&P 500 @ 3694.92, low 3636.48, high 3702.96

RSI @ 60.44

CMF @ 0.339

Internals were :

Down volume led by 1.97 to 1 in NYSE & .60 to 1 in Nasdaq

Declining stocks led by 1.85 to 1 in NYSE & 1.26 to 1 in Nasdaq

Net new 52 wk highs were leading by 248 in NYSE & 221 in Nasdaq

VIX UP 16.64% @ 25.16...high today 31.46

Oil @ $47.97

Gold @ $1882.30

Canadian $ @ .7160

Portfolio AAL APA BB CCL AG MGM SU TECK

Stocks which were UP 2% or more included BB AG

CLF AI MSTR RIDE RUN NIO SPWR JKS SNOW 

CSIQ DOCU ZI SHOP ROKU CRWD UBER 

ENPH NKE VICR FEYE FSLR MS X....

AH Futures Mixed

AH Asian Markets Down

AH Oil & Gold UP

About market, TAPE was faced a brand new surprise of Corona Virus which was infecting much faster than known before in England, reaction was extremely swift in world market, futures were down 700 DOW points and opened as low as 430+. Buyers stepped in @ low of the day to take advantage of corrected prices. DOW closed green. Looks like we are heading higher after this slump.

BLOG does NOT give buy or sell.

Saleem

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