Indices closed down 1.89% to 2.06%......

Indices closed down.

S&P 500 @ 2870.12, low 2869.59, high 2945.82

RSI @ 53.28

CMF @ -0.082

Internals were :

Down volume led by 4.16 to 1 in NYSE & 1.26 to 1 in Nasdaq

Declining stocks led by 2.89 to 1 in NYSE & 2.63 to 1 in Nasdaq

Net new 52 wk highs were leading by 14 in NYSE & 77 in Nasdaq

VIX UP 19.84% @ 33.04

Oil @ $25.78

Gold @ $1706.00

Canadian $ .5989

In my portfolio :

Added 100% APA @ $12.20

Sold CIEN @ $49.10

Sold ENPH @ $63.00

Sold MU @ $45.90....10 minutes before close....

Portfolio AAL APA CNX CLDR MGM SU

Stocks which closed green included JD ABBV UBER DDOG
ELF SQ BYND TWLO YY CLVS YELP OSTK.....

AH Futures Down

AH Asian Markets Down

AH Oil Down

AH Gold UP

About market, TAPE started green but started to fade in DOW & S&P 500, in the final hour selling accelerated and everything went down and closed @ low of the day, what happened is the logical question....technology was overbought and confusion remains about early opening of US economy and its implication of second round of infection.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed