Friday, October 15, 2021

Indices closed UP .50% to 1.09%...NICE !!!

 Indices closed UP. S&P 500 is well above 50 DMA and confirming a huge reversal. Most sectors were strong while FB sat in the dust again.

S&P 500 @ 4471.37, high 4475.82, low 4447.69

RSI @ 58.39

CMF @ -0.066

Internals were :

UP volume led by 1.61 to 1 in NYSE & 1.14 to 1 in Nasdaq

Advancing stocks led by 1.11 to 1 in NYSE & .82 to 1 in Nasdaq

Net new 52 wk highs were leading by 232 in NYSE & 92 in Nasdaq

VIX Down 3.32% @ 16.30

Oil @ $82.28

Gold @ $1768.30

Canadian $ @ .7610

Stocks which were UP 1% or more included HST RIOT XPEV

NIO TSLA GE TECK COIN M TSM QCOM AAL LAC JKS

MSTR CSIQ LYFT UBER OENN SHOP MTCH UPS JWN 

SLB LNG MARA MA MS AMZN V M.....

Here is my portfolio weighting :

HST      23.61%

CNX     21.75%

MGM   18.74%

UAL    11.26%

XPEV    7.80%

RIOT     6.53%

NCLH   6.22%

SOL      4.09%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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