Indices closed UP.
S&P 500 @ 3443.12, high 3476.93, low 3435.65
RSI @ 53.25
CMF @ -0.018
Internals were :
UP volume led by 2.76 to 1 in NYSE & 1.11 to 1 in Nasdaq
Advancing stocks led by 2.13 to 1 in NYSE & 1.16 to 1 in Nasdaq
Net new 52 wk highs were leading by 80 in NYSE & 45 in Nasdaq
VIX UP .58% @ 29.35
Oil $41.70
Gold @ $1915.40
Canadian $ @ .6877
Portfolio AAL APA CCL AG MGM RUN SU
Stocks which were UP 2% or more AAL APA CCL AG MGM
FCX JKS CSIQ SNOW LYFT CNX UBER PDD JD NCLH
LSCC BZUN OXY SLB WYNN LVS M.....
AH Futures UP
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE starting strong but faded by close and closed near low of the day, internals were also on the weak side with mixed picture. VIX closed UP near recent highs, not a technically strong or desirable action. Next 2 weeks expected to be sloppy due to US election and rising 2nd wave of COVID-19. How we close matters now so keep an eye and adjust accordingly.
BLOG does NOT give buy or sell.
Saleem
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