Monday, 8 June 2020

Indices closed UP 1.13% to 1.70%....NICE !!!!

Indices closed UP.

S&P 500 @ 3232.39, high 3233.13, low 3196.00

RSI @ 74.48

CMF @ 0.267

Internals were :

UP volume led by 10.87 to 1 in NYSE & 2.54 to 1 in Nasdaq

Advancing stocks led by 4.36 to 1 in NYSE & 3.02 to 1 in Nasdaq

Net new 52 wk highs were leading by 72 in NYSE & 124 in Nasdaq

VIX UP 5.26% @ 25.81

Oil @ $38.19

Gold @ $1705.10

Canadian $ @ .6617

In my portfolio :

Bought in pre market GOLD @ $23.46
SHOP @ $715.00
Added 50% SU @ $21.22

Portfolio GOLD CIEN CNX SHOP SU

Stocks which were UP 6% or more included CNX
CGC TLRY CRON APA CCL NCLH DAL
UAL MGM WYNN GAN LYFT ROKU
BA JKS SPWR FSLR SLB CLVS
NIO NTNX X M ....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE was strong from open till close and closed @ high of the day. Nasdaq did dip into red briefly but made a new closing all time high. Laggards were UP sharply again as new equities are pouring in. Fed meeting starting on Tuesday with statement on Wednesday @ 2 PM. Fed keep pouring funds into all aspect of market to give support / boost.

BLOG does NOT give buy or sell.

Saleem

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