Thursday, 2 July 2020

Indices closed UP .36% to .52%....NICE !!!!

Indices closed UP. Jobs data was well above expectations. Nasdaq made another all time high. COVID-19 surge reversed earlier gains in Airlines, Cruise and @ home plays made gains again.World markets are open on Friday including Toronto.

S&P 500 @ 3130.01, high 3165.81, low 3124.52

RSI @ 56.37

CMF @ -0.012

Internals were :

UP volume led by 2.24 to 1 in NYSE & 1.50 to 1 in Nasdaq

Advancing stocks led by 1.88 to 1 in NYSE & 1.27 to 1 in Nasdaq

VIX Down 3.28% @ 27.68

Oil @ $40.76

Gold @ $1790.00

Canadian $ @ .6404

In my portfolio ...added 35% AAL @ $13.20

Stocks which closed green included APA SU
DOCU CNQ PLAN CNX SHOP CRWD 
JD PINS NVAX LITE KRA ELF TER
BIDU IQ MOMO XLNX NIO TWLO 
TSLA AMAT BABA CSIQ QRVO
OXY LVS WYNN OSTK SINA
TSM SWKS M X ......

Here is my portfolio weighting :

MGM         30.46%

AAL           22.58%

SU            21.55%

CCL         14.35%

APA             6.89%

GOOS         4.17%

Next post on Sunday by 6 PM.

Enjoy 4th of July !!!!!

BLOG does NOT give buy or sell.

Saleem



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