Monday, 17 August 2020

Indices closed mixed.....

 Indices closed mixed.

S&P 500 @ 3381.99, high 3387.59, low 3379.22

RSI @ 68.29

CMF @ 0.319

Internals were :

UP Volume led by .82 to 1 in NYSE & 1.55 to 1 in Nasdaq

Advancing stocks led by 1.22 to 1 in NYSE & 1.20 to 1 in Nasdaq

Net new 52 wk highs were leading by 152 in NYSE & 120 in Nasdaq

VIX Down 3.17% @ 21.35

Oil @ $42.89

Gold @ $1998.70

Canadian $ @ .6793

Portfolio AAL APA CCL MGM MSFT SQ SU TLRY

Stocks which closed green included MSFT SQ

QRVO CLDR NXPI AMD PENN AUY NEM

DOCU DKNG ZI GAN TOL CRWD DDOG

KBH ENPH JD AG TER BIDU DHI PHM

RUN NVDA TSLA NIO WB MA AMZN

TSM CMG PANW....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE played rotation into mostly in stay home stocks plus huge rally in gold & silver. Market is behaving very well considering there is no stimulus talk going on. Almost giving a sense as IF everything is coming to almost business as usual. There is no euphoria in any any sector, uptrend is quite broad based.

BLOG does NOT give buy or sell.

Saleem

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