Indices closed UP .89% to 1.41%....NICE !!!!

Indices closed UP.

S&P 500 @ 2881.19, high 2901.92, low 2876.48

RSI @ 55.35

CMF @ -0.006

Internals were :

UP volume led by 2.67 to 1 in NYSE & 2.39 to 1 in Nasdaq

Advancing stocks led by 2.96 to 1 in NYSE & 2.33 to 1 in Nasdaq

Net new 52 wk highs were leading by 9 in NYSE & 52 in Nasdaq

VIX Down 7.85% @ 31.44

Oil @ $23.53

Gold @ $1725.80

Canadian $ @ .6022

In my portfolio :

Bought APA in pre market @ $11.63
Bought ENPH @ $54.50 minutes before close

Portfolio AAL APA CIEN CNX CLDR ENPH MGM MU SU

Stocks which were UP 3%++ AAL CLDR ENPH MGM SU
DDOG CCL EAT TWTR PINS ROKU DAL BA LYFT
LSCC SQ TWLO UBER AEM NEM FEYE SPLK
FSLR EXPE PANW SLB SNAP MGA MS CMG...

AH Futures UP

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE is looking very healthy again with Nasdaq in positive for 2020, all indices closed near high of the day. Retest of low crowd must lock themselves until October when there might be some kind of corrective action. TAPE looks so strong that it is hard to believe some of the % gains like 40% in 1 trading day like TWLO. Most software / cloud stocks are flying. Follow the TAPE, it is the real deal, rest is all talk.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed