Monday, 30 March 2020

Indices closed UP 3.19% to 3.62%...NICE !!!!

Indices closed UP.

S&P 500 @ 2626.65, high 2631.80, low 2545.28

RSI @ 46.73

CMF @ 0.063

Internals were :

UP volume led by 1.23 to 1 in NYSE & 2.15 to 1 in Nasdaq

Advancing stocks led by 1.56 to 1 in NYSE & 1.67 to 1 in Nasdaq

Net new 52 wk lows were leading by 71 in NYSE & 25 in Nasdaq

VIX Down 12.91% @ 57.08

Oil @ $20.09

Gold @ $1643.20

Canadian $ @ .5830

Portfolio AMD CIEN LK MU ROKU TWTR

Stocks which were UP 2% or more AMD CIEN MU ROKU
SU NKE VICR LSCC HUYA SQ ASML QCOM XLNX
LULU NVDA MCD MSFT FB UBER LRCX AMZN
AAPL AMAT GOOG NFLX PANW MA MS ULTA
SWKS IBM V CNX....

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE closed near high of the day after some hesitation after open. Chinese PMI expanded to 52.00 beating expectations of contraction @ 45.00, this number should give lot of hope for a US economic rebound. Today's close gave lot of confidence to traders & investors who are being bombarded with negativity of A bottom.

BLOG does NOT give buy or sell.

Saleem

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