Monday 5 October 2020

Indices closed UP 1.68% to 2.32%....NICE!!!!

 Indices closed UP.

S&P 500 @ 3408.80, high 3409.57, low 3367.27

RSI @ 55.73

CMF @ -0.041

Internals were :

UP volume led by 4.48 to 1 in NYSE & 3.84 to 1 in Nasdaq

Advancing stocks led by 3.09 to 1 in NYSE & 3.04 to 1 in Nasdaq

Net new 52 wk highs were leading by 112 in NYSE & 107 in Nasdaq

VIX UP 1.19% @ 27.96

Oil @ $39.22

Gold @ $1920.10

Canadian $ @ .6724

Portfolio AAL APA CCL AG FCX MGM SU

Stocks which were UP 2% or more included AG FCX

JKS CSIQ SPWR FSLR SEDG ENPH MRVL SNOW

QRVO NXPI DOCU ZI GAN SHOP LITE VICR

LSCC BYND NVDA AMD LRCX OXY SLB

SNAP SQ AMAT OSTK.....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was strong and closed @ high of the day. Internals were strong. Many sectors participated today. Polls are showing wider lead by democrat. COVID-19 is spreading as 2nd wave and Governors / Mayors are taking steps to contain it. Stay diversified as rotation will take hold.

BLOG does NOT give buy or sell.

Saleem

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