Wednesday, 7 October 2020

Indices closed UP 1.74% to 1.91%....NICE!!!!

 Indices closed UP.

S&P 500 @ 3419.44, high 3426.26, low 3384.56

RSI @ 55.96

CMF @ -0.007

Internals were :

UP volume led by 4.73 to 1 in NYSE & 4.97 to 1 in Nasdaq

Advancing stocks led by 2.79 to 1 in NYSE & 3.33 to 1 in Nasdaq

Net new 52 wk highs were leading by 152 in NYSE & 128 in Nasdaq

VIX Down 4.82% @ 28.06

Oil @ $39.95

Gold @ $1890.80

Canadian $ @ .6713

In my portfolio in late After hour trading;

Sold SPWR @ $17.74

Sold FCX @ $17.06

Portfolio AAL APA CCL AG GAN MGM SU

Stocks which were UP 4% or more included AAL CCL SPWR FCX

JKS CSIQ NKLA NIO CNX ENPH SEDG EAT KRA NCLH LSCC 

BYND TSM UAL FSLR NFLX MGA OSTK X CGC....

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE got a boost from another tweet saying they will do 3 areas of stimulus where there is common ground, market took off and closed near high of the day. Most sectors participated in today's rally, best performance came from select Solar, Copper & Steels stocks. Internals were strong. There was more strength AH in some of my stocks thus an opportunistic sale.

BLOG does NOT give buy or sell.

Saleem


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