Indices closed UP 7.03% to 7.73%....NICE !!!!

Indices closed UP.

S&P 500 @ 2663.68, high 2676.85, low 2574.57

RSI @ 49.89

CMF @ 0.102

Internals were :

UP volume led by 11.87 to 1 in NYSE & 6.07 to 1 in Nasdaq

Advancing stocks led by 8.05 to 1 in NYSE & 5.67 to 1 in Nasdaq

Net new 52 wk lows were leading by 34 in NYSE & 37 in NYSE

Oil @ $26.08

Gold @ $1693.90

Canadian $ .5866

In my portfolio :

Bought CNX @ $6.79
Added 75% JD @ $40.80
Added 40% ROKU @ $86.32
Sold CIEN @ $43.90

Portfolio AMD CNX JD MU ROKU SU TWTR

Stocks which were UP 7% or more AMD CNX MU ROKU TWTR
CIEN KBH PHM NKE VICR LYFT UBER SQ QCOM BYND
LULU NVDA MCD MSFT FB LRCX AAPL SPLK AMAT 
GOOG OLED QRVO YELP WYNN MA MS ULTA V
SWKS.......

AH Futures Mixed

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE rocketed UP on hope that COVID-19 is peaking worldwide.Internals were strong. Most sector participated in today's rally, most stocks were UP in 10%++ gain for the day. Most traders who were not in the market missed a huge day across the board.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed