Tuesday, January 5, 2021

Indices closed UP .55% to .95%...NICE !!!!

 Indices closed UP.

S&P 500 @ 3726.86, high 3737.83, low 3695.07

RSI @ 58.94

CMF @ 0.154

Internals were :

UP volume led by 3.34 to 1 in NYSE & 3.74 to 1 in Nasdaq

Advancing stocks led by 2.86 to 1 in NYSE & 2.49 to 1 in Nasdaq

Net new 52 wk highs were leading by 273 in NYSE & 196 in Nasdaq

VIX Down 6.04% @ 25.34

Oil @ $49.93

Gold @ $1954.40

Canadian $ @ .7295

Portfolio AAL APA BB CCL CNX MGM SU TECK

Stocks which were UP 3% or more included APA SU TECK

MGNI FUBO RIOT FCX CLF DASH SQ RUN MU LYFT

DADA PENN CNQ ROKU CGC CRWD UBER ENPH

PDD LITE KRA BA HUYA LRCX UAL AMAT BABA

EXPE YY OXY SLB LNG GPRO WYNN MGA 

OSTK SWKS X TLRY.....

AH Futures Down

AH Asian Market Mixed

AH Oil UP

AH Gold Down

About market, Indices closed near high of the day, many sectors participated in this rally, Energy stocks were UP close to 10% as price of oil touched $50. Internals were strong. Wednesday could be dictated by result of Georgia election, IF republican maintain majority in Senate then a strong rally is expected as gridlock is ideal for economy.

BLOG does NOT give buy or sell.

Saleem

3 comments:

stocktrader_1996 said...

Hi Saleem,

Sold FUBO @ 27.94

Bought GAN @ 20.75

Swapping speculative positions.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Sold SQ @ 228.35 to take profits

Stocktrader

Stocks100 said...

Hi Stocktrader,

Good luck with GAN.

Great trade with SQ $$$$$

Saleem