Wednesday, May 26, 2021

Indices closed UP .03% to .59%...NICE !!!!

 Indices closed UP.

S&P 500 @ 4195.99, high 4202.61, low 4184.11

RSI @ 56.58

CMF @ 0.056

Internals were :

UP volume led by 3.38 to 1 in NYSE & 3.36 to 1 in Nasdaq

Advancing stocks led by 2.11 to 1 in NYSE & 2.96 to 1 in Nasdaq

Net new 52 wk highs were leading by 192 in NYSE & 57 in Nasdaq

VIX Down 7.86% @ 17.36

Oil @ $66.21

Gold @ $1901.20

Canadian $ @ .7885

Portfolio CNX AG HST MGM NIO PLTR SQ

Stocks which were UP 2% or more included CNX NIO PLTR SQ

TECK CLF APA M X BYD LVS WYNN PENN DKNG GAN

JBLU BB FSLR CSIQ JKS ENPH SEDG CSIQ RUN SPWR

GOOS TOL KBH CRWD BYND TSLA TWLO DDD QS

AAL OXY MRNA OSTK ULTA MSTR TLRY ACB...

AH Futures Mixed

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE performed well and most sector participated even solar stocks came to life. All we need is another positive close in Nasdaq which means Nasdaq is headed into another series of all time highs. Internals were strong.

BLOG does NOT give buy or sell.

Saleem

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