Friday 25 September 2020

Indices closed UP 1.34% to 2.26%....NICE !!!!

 Indices closed near high of the day, a nice confirmation of this uptrend. Progress in re opening of economy plus on stimulus caused this jump.

S&P 500 @ 3298.46, high 3306.88, low 3228.44

RSI @ 44.62

CMF @ -0.006

Internals were :

UP volume led by 1.86 to 1 in NYSE & 4.57 to 1 in Nasdaq

Advancing stocks led by 2.29 to 1 in NYSE & 2.92 to 1 in Nasdaq

Net new 52 wk lows were leading by 10 in NYSE & 16 in Nasdaq

VIX Down 7.47% @ 26.38

Oil @ $40.25

Gold @ $1866.30

Canadian $ @ .6586

In my portfolio added 60% AG @ $9.60

Stocks which were UP 4% or more included AAL CCL MGM

PENN DOCU DKNG ZI PLAN SHOP HST ZM ENPH BA

NVAX SEDG MRNA NCLH JKS CSIQ SPWR RUN 

BYND TSLA SPLK CSIQ....

Here is my portfolio weighting :

MGM        33.10%

SU           21.00%

AAL         18.61%

CCL        11.77%

AG           6.06%

APA         5.80%

FCX        3.66%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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