Indices closed UP 1.18% to 1.87%....NICE !!!!

 Indices closed UP.

S&P 500 @ 3383.54, high 3402.93, low 3363.56

RSI @ 49.47

CMF @ 0.142

Internals were :

UP volume led by 5.42 to 1 in NYSE & 5.95 to 1 in Nasdaq

Advancing stocks led by 4.19 to 1 in NYSE & 3.63 to 1 in Nasdaq

Net new 52 wk highs were leading by 59 in NYSE & 33 in Nasdaq

VIX Down 3.80% @ 25.85

Oil @ $37.24

Gold @ $1963.70

Canadian $ @ .6823

In my portfolio :

Sold MU @ $49.20

Added 30% MGM @ $22.90

Portfolio AAL APA CCL AG FCX MGM RXT SU

Stocks which were UP 2% or more included AAL AG RXT MU

CSIQ SQ LYFT NKLA PENN AUY NIO DKNG CNX DAL 

MTCH DDOG KBH ENPH JD SEDG AAPL JKS RUN

BYND NVDA TSLA YY MA ORCL OSTK ULTA...

AH Futures Down

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE got a huge reprieve from slew of takeover announcements, even vaccine news added boost to bullish move. Indices closed near high of the day, internals were strong. Bullish day is very good to lock profit and juggle portfolio. On weak days it is prudent to buy in an opportunistic manner for trade or long term strategy.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed