Tuesday, December 8, 2020

Indices closed UP .28% to .50%....NICE !!!!

 Indices closed UP.

S&P 500 @ 3702.25, high 3708.45, low 3678.83

RSI @ 67.61

CMF @ 0.296

Internals were :

UP volume led by 1.74 to 1 in NYSE & 2.00 to 1 in Nasdaq

Advancing stocks led by 1.85 to 1 in NYSE & 1.80 to 1 in Nasdaq

Net new 52 wk highs were leading by 430 in NYSE & 381 in Nasdaq

VIX Down 2.91% @ 20.68

Oil @ $45.60

Gold @ $1874.90

Canadian $ @ .7188

Portfolio AAL APA CNX MGM SU

Stocks which were UP 2% or more included   AAL SU

BB RUN NIO SPWR GAN JKS PANW CLDR PENN

ROKU CRWD ESTC ENPH PDD SEDG KRA MRNA

NCLH MOMO TWLO SPLK OXY NTNX X.....

AH Futures UP

AH Asian Markets UP

AH Oil & Gold Down

About market, TAPE was in new all time high record mode with S&P 500, Nasdaq & Russell 2000 all closing in that coveted position. Again both @ home & to open stocks participated in this run. Solar stocks also participated. Internals were strong. Chinese consumer prices dropped for the first time since 2009.

BLOG does NOT give buy or sell.

Saleem


8 comments:

stocktrader_1996 said...

Hi Saleem,

Trimmed ELY @ 23.50
Trimmed GM @ 44.23
Trimmed EAT @ 51.80

Making room for new ideas.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought GRWG @ 31.65

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with GRWG

Nice sell sell sell with $$$$ to deploy

Bought CCL @ $23.90...

Saleem

stocktrader_1996 said...

Hi Saleem,

Trimmed a little FUBO @ 31.60
Added a little more GRWG @ 32.21

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Good luck with CCL!

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with more GRWG....

Saleem

stocktrader_1996 said...

Hi Saleem,

Bought SNAP @ 50.10 to regain exposure to my favorite social media stock

Stocktrader

Stocks100 said...

Hi Stocktrader,

Good luck with SNAP!

Saleem