Indices closed UP 1.55% to 1.95%...NICE !!!!

 Indices closed UP after Indices found support below 50 DMA. Lot of buying came in near lows of the day around 11 AM.

S&P 500 @ 3841.94, high 3851.69, low 3730.19

RSI @ 49.16

CMF @ 0.068

Internals were :

UP volume led by 3.26 to 1 in NYSE & 1.39 to 1 in Nasdaq

Advancing stocks led by 2.86 to 1 in NYSE & 2.12 to 1 in Nasdaq

Net new 52 wk highs were leading by 164 in NYSE & 57 in Nasdaq

VIX Down 13.69% @ 24.66

Oil @ $66.09

Gold @ $1598.50

Canadian $ @ .7329

Stocks which closed green included AAPL CNX SU

MRVL VUZI TWTR WYNN QCOM QRVO SWKS

APA TECK CNQ FCX CLF AI DASH AMD IBM

GAN JKS MU INTC MSFT NXPI TOL UBER

KBH CVX EAT KRA UPS DHI PHM ASML

LULU TSM FB LRCX GOOG OXY AMAT 

YELP MA MGA ORCL ULTA V X ....

In my portfolio :

Sold SU @ $22.00

Added 50% MGM @ $36.40

Added 100% NIO @ $38.70

Here is my portfolio weighting :

SQ         36.26%

AAPL    30.52%

MGM    14.92%

CNX     11.90%

NIO       6.40%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem