Tuesday, 27 October 2020

Indices closed mixed....

 Indices closed mixed.

S&P 500 @ 3390.68, low 3388.71, high 3409.51

RSI @ 46.24

CMF @ -0.010

Internals were :

Down volume led by 2.78 to 1 in NYSE & 1.03 to 1 in Nasdaq

Declining stocks led by 1.94 to 1 in NYSE & 1.55 to 1 in Nasdaq

Net new 52 wk highs were leading by 5 in NYSE & lows by 24 in Nasdaq

VIX UP 2.74% @ 33.35

Oil @ $39.57

Gold @ $1911.90

Canadian $ @ .6839

Portfolio AAL APA CCL AG MGM RUN SU

Stocks which closed green included AG

IAG FCX MRVL SNOW GOLD SQ

MSFT NKLA CLDR TWTR SNAP 

AUY NIO NEM DOCU ZI SHOP

KL ROKU ERI MTCH ZM ESTC 

DDOG PDD JD PINS NVAX AAPL

BIDU IQ HUYA MOMO BZUN

NVDA FB TSLA AEM AMZN

BABA OSTK X....

AH Futures Down

AH Asian Markets Down

AH Oil & Gold Down

About market, TAPE opened higher then closed near low of the day. COVID-19 seems to be out of control in many parts of the world including Canada. Market is trying to discount the enormity of Corona and also trying to handicap US election, thus a very uncertain picture, market hates uncertainty. Keep your faith and be opportunistic in switching or buying.

BLOG does NOT give buy or sell.

Saleem

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