Indices closed down.
S&P 500 @ 3799.61, low 3789.02, high 3817.86
RSI @ 64.95
CMF @ 0.193
Internals were :
UP volume led by 1.07 to 1 in NYSE & 1.88 to 1 in Nasdaq
Declining stocks led by 1.53 to 1 in NYSE & 1.17 to 1 in Nasdaq
Net new 52 wk highs were leading by 277 in NYSE & 258 in Nasdaq
VIX UP 11.69% @ 24.08
Oil @ $52.25
Gold @ $1835.40
Canadian $ @ .7227
Portfolio AAL APA BB CCL CNX MGM SU TECK
Stocks which were UP 1% or more included BB CNX
MGNI DASH RIDE MRVL NIO AMD SPWR DKNG
GAN MU LYFT QRVO DADA PENN GOOS ROKU
CGC TLRY ACB TOL KBH DHI PHM CRWD UPS
UBER DDOG LITE TER NVDA TSM LRCX JWN
SNAP AMAT LNG MRNA MS X M ,,,,,,
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE was under mild selling pressure as all bit coin type crypto currency came under severe selling / profit taking plunging from 15% to 25% from hitting their highest level ever. Political backdrop in USA has lot of uncertainty which can dampen traders enthusiasm in short term. Stay home stocks resumed their run as COVID-19 still raging all over the world.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
FDX has a 23.60 RSI currently - I'm very surprised.
Stocktrader
Hi Stocktrader,
YES....FDX deeply oversold ...
Saleem
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