Indices closed down .88% to 1.07%.....

 Indices closed down but off their lows. Internals were negative. Rotation out of popular technology stocks continues. Today's negative action was due to new surge in Europe of COVID-19 and causing travel restrictions plus other impositions to contain 2nd wave.

S&P 500 @ 3319.47, low 3292.40, high 3362.27

RSI @ 42.74

CMF @ 0.053

Internals were :

Down volume led by 2.61 to 1 in NYSE & 1.11 to 1 in Nasdaq

Declining stocks led by 2.04 to 1 in NYSE & 1.12 to 1in Nasdaq

Net new 52 wk highs were leading by 67 in NYSE & 61 in Nasdaq

VIX Down 2.38% @ 25.83

Oil @ $41.11

Gold @ $1962.10

Canadian $ @ .6818

Stocks which were UP 1% or more included APA

SNOW TWTR DKNG GAN CNX SHOP ZM 

CRWD ENPH EAT KRA MRNA JKS IQ 

SPWR RUN WB TWLO BB GOOS 

TSLA OSTK X....

In my portfolio Sold RXT @ $18.05

Here is my portfolio weighting :

MGM           27.38%

SU              23.15%

AAL            20.50%

CCL           12.27%

APA              7.66%

AG               4.87%

FCX            4.17%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed