Monday, December 28, 2020

Indices closed UP .68% .87%....NICE !!!

 Indices closed UP.

S&P 500 @ 3735.36, high 3740.51, low 3723.03

RSI @ 65.83

CMF @ 0.268

Internals were :

UP volume led by .95 to 1 in NYSE & 1.62 in Nasdaq

Advancing stocks led by 1.21 to 1 in NYSE & 1.09 to 1 in Nasdaq

Net new 52 wk highs were leading by 452 in NYSE & 432 in Nasdaq

VIX UP .79% @ 21.70

Oil @ $47.62

Gold @ $1880.40

Canadian $ @ .7168

In my portfolio... Bought CNX @ $10.70

Portfolio AAL APA BB CCL CNX AG MGM SU TECK

Stocks which closed green included AAL CCL AG MGM

RIOT MSTR NKLA LYFT NCLH FB AMZN UAL JWN

GOOG YELP LVS MA MGA ULTA M....

AH Futures UP

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE closed near high of the day. Market reacted to stimulus being done with more being done in 24 hours. All Indices reached new all time highs. Internals were not so strong. Many markets were closed for Boxing day like Toronto & London. Tomorrow could be a better day in market.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Bought EH @ 23.53 for a speculative long

China has put into effect a national standard for drone delivery service starting at the beginning of the year. I think this could be a huge market going forward.

Added to FUBO @ 37.25

It had become very underweight given the recent decline, so I thought I'd allocate my small remaining cash.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with EH & more FUBO

Saleem