Thursday, 2 April 2020

Indices closed UP 1.72% to 2.28%...NICE!!!!

Indices closed UP.

S&P 500 @ 2526.90, high 2533.22, low 2455.79

RSI @ 44.17

CMF @ 0.065

Internals were :

UP volume led by 1.81 to 1 in NYSE & 1.22 to 1 in Nasdaq

Advancing stocks led by 1.62 to 1 in NYSE & 1.34 to 1 in Nasdaq

Net new 52 wk lows were leading by 133 in NYSE & 134 in Nasdaq

VIX Down 11.34% @ 50.59

Oil @ $25.32

Gold @ $1637.70

Canadian $ @ .5884

In my portfolio :

Sold LK @ $4.50

Bought SU @ $17.20 & $16.70 equal shares.....

Portfolio AMD CIEN MU ROKU SU TWTR

Stocks which were UP 3% or more included MU SU
JKS QCOM XLNX NVDA TSM NEM AEM FSLR
CSIQ FFIV YY LNG YELP MA MS SINA IBM
CNX......

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE closed near high of the day based on oil spiking on rumor of production cuts. VIX went down more than other UP days. Corona Virus news still dictates direction of this market. Internals were so so but many stocks participated in today's UP move. Friday Jobs report could be a shocker.

BLOG does NOT give buy or sell.

Saleem

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