Friday, 22 May 2020

Indices closed mixed.....

Indices closed mixed despite Chinese security decision for Hong Kong. Hong Kong tanked 5.5% but we managed to close green and at high in S&P 500, things are changing for sure.

S&P 500 @ 2955.45, high 2956.76, low 2933.59

RSI @ 57.74

CMF @ -0.001

Internals were :

UP volume led by .82 to 1 in NYSE & 1.76 to 1 in Nasdaq

Advancing stocks led by 1.18 to 1 in NYSE & 1.31 to 1 in Nasdaq

Net new 52 wk highs were leading by 25 in NYSE & 62 in Nasdaq

VIX Down 4.64% @ 28.16

Oil @ $33.25

Gold @ $1735.50

Canadian $ @ .5973

Stocks which were UP 1% or more included APA CNX TLRY SPCE
DDOG UBER CIEN KRA ELF MRNA TER DHI KBH PHM FB
MRVL LULU TWLO CRON PANW QRVO NTNX LNG SWKS...

Here is my portfolio allocation :

SU              22.85%

AAL           21.40%

CNX         17.34%

MGM       15.95%

APA         11.40%

TLRY        6.86%

SPCE       4.20%

Next post on Monday around 6 PM

BLOG does NOT give buy or sell.

Saleem


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