Friday, August 20, 2021

Indices closed UP .65% to 1.19%...NICE!!!

 Indices closed near high of the day after defending 50 DMA 2 days in a row. Most sector participated in today's strong action.

S&P 500 @ 4441.67, high 4444.35, low 4406.80

RSI @ 56.81

CMF @ 9.259

Internals were :

UP volume led by 3.57 to 1 in NYSE & 2.58 to 1 in Nasdaq

Advancing stocks led by 2.37 to 1 in NYSE & 2.21 to 1 in Nasdaq

Net new 52 wk lows were leading by 2 in NYSE & 198 in Nasdaq

VIX Down 14.35% @ 18.56

Oil @ $62.14

Gold @ $1784.00

Canadian $ @ .7142

Stocks which closed UP 1% or more included 

HST MGM NCLH RIOT XPEV

SOL FSLR SEDG JKS NIO CCJ SQ

LSPD COIN M ROKU NVTA MRVL 

SNAP LAC MSTR PINS RUN GAN 

MSFT PENN TOL PDD KRA LVS

NVDA SPLK DDD JWN WB OSTK....

Here is my portfolio weighting :

HST        26.38%

CNX       21.48%

UAL       12.76%

XPEV      8.73%

MGM      7.42%

WEED    6.98%

NCLH    6.85%

RIOT     5.53%

PLTR    3.87%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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