Friday, March 26, 2021

Indices closed UP 1.24% to 1.66%.....NICE !!!!

 Indices closed UP despite uptick in 10 year yield. This was the-most constructive close since 10 yr yield debate. Indices closed @ high of the day. Internals were mostly positive.

S&P 500 @ 3974.54, high 3978.19, low 3917.12

RSI @ 59.09

CMF @ -0.004

Internals were :

UP volume led by 2.20 to 1 in NYSE & 1.12 to 1 in Nasdaq

Advancing stocks led by 3.31 to 1 in NYSE & 1.80 to 1 in Nasdaq

Net new 52 wk highs were leading by 221 in NYSE & 33 in Nasdaq

VIX Down 4.80% @ 18.86

Oil @ $60.97

Gold @ $1732.30

Canadian $ .7417

Stocks which were UP 2% or more included SQ TSM

APA CNX PYPL MRVL QCOM QRVO SWKS FCX

TECK SPWR JKS ENPH FSLR CSIQ MU NXPI

TOL PHM NKE NVDA LRCX AMAT OXY SLB

LNG V X....

Here is my portfolio weighting :

AAPL     26.87%

SQ         25.24%

TSM      15.50%

SU          9.44%

NIO        8.00%

MGM     7.83%

HST       7.12%

Next post by 6 PM on Sunday

BLOG does NOT give buy or sell.

Saleem

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