Indices closed down .65% to 1.08%.....

 Indices closed down.

S&P 500 @ 3537.01, low 3518.58, high 3569.02

RSI @ 59.88

CMF @ -0.159

Internals were :

Down volume led by 3.71 to 1 in NYSE & 1.42 to 1 in Nasdaq

Declining stocks led by 2.95 to 1in NYSE & 2.16 to 1 in Nasdaq

Net new 52 wk highs were leading by 44 in NYSE & 83 in Nasdaq

VIX UP 8.10% @ 25.35

Oil @ $41.12

Gold @ $1873.30

Canadian $ @ .6889

In my portfolio Sold PFE @ $37.55

Portfolio AAL APA CCL MGM SU

Stocks which were UP 1% or more included SNAP PINS

AG NIO GAN DADA AUY DOCU ZI PLAN KL ZM

CRWD DDOG PDD JD KRA HUYA BZUN TWLO 

AEM MRNA OSTK ....

AH Futures Down

AH Asian Markets Down

AH Oil Down 

AH Gold UP

About market, TAPE was under selling pressure due to rising COVID-19 cases in USA topping 140,000 in a day so far. Nasdaq held green for most of the day but slumped to red in afternoon. Many stocks closed green but internals were negative for the most part. Until we get better news in Corona virus, market may be trading in a very narrow range.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed