Indices closed mixed....

 Indices closed mixed.

S&P 500 @ 3572.66, high 3581.16, low 3557.00

RSI @ 64.37

CMF @ -0.119

Internals were :

UP volume led by .63 to 1 in NYSE & 1.78 to 1 in Nasdaq

Advancing stocks led by 1.09 to 1 in NYSE & 1.30 to 1 in Nasdaq

Net new 52 wk highs were leading by 72 in NYSE & 86 in Nasdaq

VIX Down 5.44% @ 23.45

Oil @ $41.45

Gold @ $1861.60

Canadian $ @ .6990

In my portfolio :

Sold RUN @ $54.05

Added 25% CCL @ $16.20

Portfolio AAL APA CCL MGM PFE SU

Stocks which closed green included PINS MRVL NIO

AMD IPHI SPWR DKNG JKS CSIQ FSLR SEDG 

ENPH SQ NKLA NXPI DADA DOCU CNX

SHOP CRWD JD MRNA AAPL VICR CMG

LSCC QCOMLULU NVDA LRCX ROKU 

SWKS PANW....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE returned to stay home stocks in a big way while DOW took a well deserved rest. I have a feeling this pattern of Nasdaq coming back after gaps will continue. Stay diversified with heavier weighting in laggards like travel / casinos and less weighting in technology. Post election drama continues with false accusations as I expected nothing less from a " sore loser "

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed