Tuesday, December 15, 2020

Indices closed UP 1.13% to 1.29%....NICE !!!!

 Indices closed UP.

S&P 500 @ 3694.62, high 3695.29, low 3659.62

RSI @ 63.17

CMF @ 0.218

Internals were :

UP volume led by 4.89 to 1 in NYSE & 2.14 to 1 in Nasdaq

Advancing stocks led by 3.24 to 1 in NYSE & 2.30 to 1 in Nasdaq

Net new 52 wk highs were leading by 280 in NYSE & 275 in Nasdaq

VIX Down 7.40% @ 22.89

Oil @ $47.62

Gold @ 22.89

Canadian $ @ .7264

In my portfolio ... Bought TECK @ $18.46

Portfolio AAL APA CCL MGM SU TECK

Stocks which closed UP 3% or more APA CCL MGM TECK

RIDE BIDU AG RUN NIO GAN JKS CSIQ LYFT AUY

KL MTCH ENPH LITE KRA AAPL VICR ASML FSLR

CRUS OLED JWN OXY SLB WYNN MS OSTK SWKS

X M CGC ACB.....

AH Futures Down

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE enjoyed President elect Biden electoral college victory and renewed stimulus negotiations, even Senate majority leader joined celebration by congratulating President & Vice President elect. Market liked all the niceties thus closing @ high of the day. Keep booking profit as you go along.

BLOG does NOT give buy or sell.

Saleem

4 comments:

stocktrader_1996 said...

Hi Saleem,

Sold BHVN @ 89.29 to take profits

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Sold GRWG @ 37.70 to take profits

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Sold SHOO @ 33.83

I'm a little concerned that the vaccine side effects are creating some consternation, so I'm reducing my cyclical exposure a little.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with new picks!

Saleem