Thursday, May 20, 2021

Indices closed UP .77% to 1.89%....NICE !!!!

 Indices closed UP.

S&P 500 @ 4166.53, high 4172.80, low 4121.97

RSI @ 52.74

CMF @ 0.083

Internals were :

UP volume led by 1.60 to 1 in NYSE & 3.08 to 1 in Nasdaq

Advancing stocks led by 2.25 to 1 in NYSE & 2.38 to 1 in Nasdaq

Net new 52 wk highs were leading by 125 in NYSE & 41 in Nasdaq

VIX Down 6.81% @ 20.67

Oil @ $62.05

Gold @ $1881.90

Canadian $ @ .7947

Portfolio CNX AG HST MGM NIO PLTR SQ

Stocks which were UP 2% or more included AG NIO SQ

LSPD COIN VUZI AAPL LULU ROKU NVTA PYPL

MRVL FSLR TWTR SNAP MSTR BIDU PINS RUN

SPWR CSIQ JKS SEDG ENPH DKNG NXPI ZI

GOOS DOCU SHOP ESTC DDOG PDD JD TER

IQ ASML BYND TWLO TSLA LRCX AMAT 

LVS OSTK CMG.....

AH Futures UP

AH Asian Markets UP

AH Oil UP

AH Gold Down

About market, TAPE was UP in an oversold condition, all Indices closed near high of the day. Internals were positive. Most sector came back to life and were green or strong @ best. Hopefully we close in green all around on Friday to confirm today's strong close.

BLOG does NOT give buy or sell.

Saleem

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