Indices closed UP.
S&P 500 @ 3401.20, high 3419.48, low 3389.25
RSI @ 51.32
CMF @ 0.144
Internals were :
UP volume led by .91 to 1 in NYSE & 2.05 to 1 in Nasdaq
Advancing stocks led by 1.38 to 1 in NYSE & 1.20 to 1 in Nasdaq
Net new 52 wk highs were leading by 112 in NYSE & 65 in Nasdaq
VIX Down 1.01% @ 25.59
Oil @ $38.28
Gold @ $1966.20
Canadian $ @ .6795
Portfolio AAL APA CCL AG FCX MGM RXT SU
Stocks which were UP 1% or more included MGM
INTC SQ MSFT QRVO NXPI SNAP AMD PENN
NIO PLAN ROKU DAL MTCH CRWD DDOG
ENPH PINS SEDG EAT BIDU JKS JUYA RUN
MOMO QCOM BYND TSM FB TSLA FSLR
CRUS NFLX OLED YY OXY BABA FB
CSIQ AMZN ULTA SWKS TSM LRCX...
AH Futures Mixed
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE was green close after struggling a bit on no progress with stimulus in Washington. Tomorrow its all about Fed statement which is expected to be extremely supportive of stock market. VIX was down and internals were mostly positive. We are buying time until politicians get it together, not a bad state to be in. Keep looking for opportunities but staying with old favorites are working out just fine.
BLOG does NOT give buy or sell.
Saleem
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