Friday, November 5, 2021

Indices closed UP .20% to .56%....NICE !!!!

 Indices closed UP near high of the day & in new all time highs. Jobs report cheered everyone up and restart stocks took off. Most sectors participated in today's run for the roses. Internals were all positive.

RSI @ 76.39

CMF @ 0.370

Internals were :

UP volume led by 2.09 to 1 in NYSE & 1.19 to 1 in Nasdaq

Advancing stocks led by 2.16 to 1 in NYSE & 1.22 to 1 in Nasdaq

Net new 52 wk highs were leading by 484 in NYSE & 352 in Nasdaq

VIX UP 6.74% @ 16.48

Oil @ $81.27

Gold @ $1816.80

Canadian $ @ .7556

Stocks which were UP 3% or more included CNX MGM NCLH UAL

AG GE BYD JBLU SAVE TRIP RCL WYNN LVS QCOM CNQ

AAL CCL PINS PFE GOLD LYFT GOOS DAL UBER DDOG

LITE EAT ELF EXPE FSR MA V.....

Here is my portfolio weighting :

HST      23.52%

CNX     22.29%

MGM   17.91%

UAL    11.25%

SNAP 10.90%

XPEV  7.70%

NCLH 6.43% 

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem


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