Indices closed UP 9.29% to 9.36%....NICE !!!!

Indices closed UP after meandering between unchanged to 800 points plus in DOW then rocket launch in last hour to best gain since 2008. US politicians got down to business @ hand of infection containment / isolation and President Trump did his homework which added up to a confidence building bullish close.

S&P 500 @ 2711.02, high 2711.33, low 2492.37

RSI @ 37.67

CMF @ 0.010

Internals were :

UP volume led by 8.68 to 1 in NYSE & 4.15 to 1 in Nasdaq

Advancing stocks led by 4.68 to 1 in NYSE & 2.87 to 1 in Nasdaq

Net new 52 wk lows were leading by 898 in NYSE & 828 in Nasdaq

VIX Down 23.37% @ 57.83

Oil @ $31.73

Gold @ $1516.70

Canadian $ @ .6004

In my portfolio :

Added 60% TWTR @ $27.70

Sold LSCC @ $15.18

Sold IQ @ $18.01

Stocks which closed UP included   AMD LK TWTR
CIEN VICR SQ MU ASML QCOM XLNX NVDA
TSM FB LRCX UAL AAPL SPLK AMAT GOOG 
PANW QRVO SNAP NTNX WYNN LVS GS MS
MA V ORCL MSFT CNX.....

Here is my highly concentrated portfolio :

AMD       49.13%

TWTR     35.52%

LK           15.35%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed