Friday, January 29, 2021

Indices closed down 1.93% to 2.03%......

 Indices closed down in a week which resulted in epic battle of determined daytraders vs traditional market makers, results are still being felt all over, does not look good for market or market stability.

S&P 500 @ 3714.24, low 3694.12, high 3778.05

RSI @ 43.27

CNF @ 0.057

Internals for Nasdaq only :

Declining stocks led by 2.39 to 1

Net new 52 wk highs were leading by 65

VIX UP 9.53% @ 33.09

Oil @ $52.20

Gold @ $1850.30

Canadian $ @ .7219

Stocks which closed green included CNX

PAAS SWKS AG RIOT MSTR DASH

SPWR GAN QRVO CRWD DDOG

NVAX MRNA QCOM MCD....

Here is my portfolio weighting :

SQ          27.95%

SU          19.47%

CNX       16.39%

MGM     16.25%

FSLR     15.39%

BB          4.55%

Next post by 6 PM on Sunday

BLOG does NOT give buy or sell.

Saleem


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