Thursday, 2 January 2020

Indices closed UP .84% to 1.33%....NICE !!!!

Indices closed UP.

S&P 500 @ 3257.85, high 3258.14, low 3235.53

RSI @ 75.48

CMF @ 0.119

Internals were :

UP volume led by 1.27 to 1 in NYSE & 2.31 to 1 in Nasdaq

Advancing stocks led by 1.74 to 1 in NYSE & 1.41 to 1 in Nasdaq

Net new 52 wk highs were leading by 428 in NYSE & 241 in Nasdaq

VIX Down 9.51% @ 12.47...52 wk low is 11.03

Oil @ $61.19

Gold @ $1528.10

Canadian $ @ .6998

In my portfolio...

Bought NIO @ $3.75

Sold MRVL @ $27.25

Portfolio CIEN CLDR LSCC MU MOMO NIO TWTR

Stocks which were UP 2% or more included    MU MOMO MRVL
HUYA BZUN AMD WB XLNX IQ TSLA UBER SHOP AMZN
MTCH NIU ROKU AAPL VICR FSLR BABA GOOG OLED 
YY SNAP SQ LNG JKS WYNN LVS SINA TSM CMG FB..

AH news....ACOR UP 22.45%, FCEL UP 4.98%

                  LPI UP 5.43%, WYNN Down 17.51%

AH Futures UP

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE closed near high of the day, DOW, S&P 500 & Nasdaq closed @ new all time  high. Market was strong on news of signing of stage 1 of trade deal between USA & CHINA. Only surprise was Russell 2000 not participating in today's rally. 

BLOG does NOT give buy or sell.

Saleem

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