Indices closed down .59% to 2.45%.....

 Indices closed down as we went further down in all indices as fear of rising COVID-19 took hold. By close we closed slightly above low of the day which may be the best technical indicator we can count on, not closing @ or near low of the day.

S&P 500 @ 3269.96, low 3233.94, high 3304.93

RSI @ 37.05

CMF @ -0.059

Internals were :

Down volume led by 1.35 to 1 in NYSE & 2.15 to 1 in Nasdaq

Declining stocks led by 1.83 to 1 in NYSE & 2.65 to 1 in Nasdaq

Net new 52 wk lows were leading by 55 in NYSE & 80 in Nasdaq

VIX UP 1.14% @ 38.02

Oil @ $35.79

Gold @ $1789.90

Canadian $ @ .6663

Stocks which closed UP 1% or more included AAL APA CCL AG

IBM IAG GOLD AUY CNQ CIEN CVX NCLH GOOG SLB...

Here is my portfolio weighting :

MGM         31.21%

SU            19.30%

AAL          17.30%

CCL         13.06%

RUN          7.56%

AG            6.62%

APA          4.95%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed