Wednesday, December 30, 2020

Indices closed UP .13% to .24%....NICE !!!!

 Indices closed UP.

S&P 500 @ 3732.04, high 3744.63, low 3730.21

RSI @ 64.48

CMF @ 0.203

Internals were :

UP volume led by 2.52 to 1 in NYSE & 3.67 to 1 in Nasdaq

Advancing stocks led by 2.32 to 1 in NYSE & 2.25 to 1 in Nasdaq

Net new 52 wk highs were leading by 298 in NYSE & 226 in Nasdaq

VIX Down 1.34% @ 22.77

Oil @ $48.34

Gold @ $1893.40

Canadian $ @ .7232

Portfolio AAL APA BB CCL CNX AG MGM SU TECK

Stocks which were UP 2% or more included APA CNX AG TECK

MGNI RIOT FCX CLF AI MSTR SQ BIDU MRVL RUN NIO

SPWR GAN MU LYFT QRVO DADA AUY CNQ KL CGC

CRWD PDD JD SEDG KRA VICR HUYA TSM TSLA UAL 

FEYE FSLR YY JWN OXY SLB AMAT YELP CSIQ MA 

ULTA TSM LRCX X M TLRY ACB.....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was green pre market and closed green with DOW @ new all time high. There was a fade in all indices @ close. Internals were strong and many sectors remained strong till close. Tomorrow is the last trading day of 2020, should be a positive  / strong close. Its the end of week / month / Q / 6 months / Year.......

BLOG does NOT give buy or sell.

Saleem

3 comments:

stocktrader_1996 said...

Hi Saleem,

Sold HUBS @ 397.38 to take profits

Bought GRWG @ 40.50 on upcoming catalyst of private label rollout and potential GA election outcome

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with GRWG....

Happy New Year!!!

Saleem

psrajpal said...

Dear Saleem and Stocktrader,

Best Wishes for the upcoming new year 2021 and Goodbye to the 2020 - the most eventful year so far that I witnessed in my lifetime.

I am a fan of you blog and updates and has certainly helped in making key decisions, learn market insights and better understand the direction.

2020 has been a great year for my portfolio with overall 2277.09% gains. This translated to 30.20% cumulative growth month to month. I am certainly blessed with pulling off such a return on investment. Strong conviction and patience certainly helped along with the bull market.

I look forward to continue with the momentum and use lessons learnt from this year to get better.

I am sure the stock100 gang pulled similar or better gains as well.

Thank you again and best wishes for 2021.

Cheers!!

Param