Indices closed UP 1.02% to 1.37%....NICE !!!!

 Indices closed UP despite new 193,000 infection cases in USA. There is optimism about vaccine from PFE & MRNA which should be available in days. Indices closed near high of the day. Internals were mostly positive. Re-opening stocks were in heavy demand and moved up sharply.

S&P 500 @ 3585.15, high 3593.66, low 3552.57

RSI @ 63.57

CMF @ -0.100

Internals were :

UP volume led by 5.51 to 1 in NYSE & 2.29 to 1 in Nasdaq

Advancing stocks led by 4.76 to 1 in NYSE & 2.83 to 1 in Nasdaq

Net new 52 wk highs were leading by 85 in NYSE & 97 in Nasdaq

VIX Down 8.88% @ 23.10

Oil @ $40.13

Gold @ $1886.20

Canadian $ @ .6830

Stocks which were UP 4% or more included AAL APA CCL MGM

NKLA GAN CNX DAL HST NTAP PDD JD NVAX KRA NCLH

BA MOMO UAL EXPE OXY SLB AMAT YELP LMND WYNN

LVS ULTA X M.....

Here is my portfolio weighting :

MGM        36.76%

SU            22.25%

CCL         17.66%

AAL         17.56%

APA         5.77%

Next post by 6 PM on Sunday

BLOG does NOT give buy or sell.

Saleem

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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

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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

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Indices closed mixed....

 Indices closed mixed.

S&P 500 @ 3545.53, low 3511.91, high 3557.22

RSI @ 62.37

CMF @ -0.162

Internals were :

UP volume led by 1.77 to 1 in NYSE & .87 to 1 in Nasdaq

Advancing stocks led by 1.80 to 1 in NYSE & 1.53 to 1 in Nasdaq

Net new 52 wk highs were leading by 96 in NYSE & 67 in Nasdaq

VIX Down 3.69% @ 24.80

Oil @ $41.36

Gold @ $1876.40

Canadian $ @ .6998

Portfolio AAL APA CCL MGM PFE RUN SU

Stocks which closed green included APA SU

IBM PENN DSS GOOS DOCU ZI CNX 

CIEN TOL ERI NTAP TD KBH CVX 

BMO UPS GILD DHI PHM BA OXY

FFIV NFLX YELP LVS ULTA V...

AH Futures Mixed

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE kept its focus away from most technology stocks with rotation in full swing in reopening of economy stocks. Nasdaq had back to back negative session which is taken as weakness. Try to focus on laggards which has moved already but some are busy to take advantage of higher prices  with new stocks sale to raise more cash, only today AAL & CCL did just that.

BLOG does NOT give buy or sell.

Saleem

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Indices closed mixed.....

 Indices closed mixed.

S&P 500 @ 3550.50, high 3645.99, low 3547.48

RSI @ 62.97

CMF @ -0.212

Internals were :

UP volume led by 4.67 to 1 in NYSE & 1.73 to 1 in Nasdaq

Advancing stocks led by 3.22 to 1 in NYSE & 1.98 to 1 in Nasdaq

Net new 52 wk highs were leading by 520 in NYSE & 377 in Nasdaq

VIX UP 3.58% @ 25.75

Oil @ $40.29

Gold @ $1854.40

Canadian $ @ .7016

In my portfolio in pre market

Sold AG @ $11.48

Bought PFE @ $41.40

Portfolio AAL APA CCL MGM PFE RUN SU

Stocks which were UP 5% or more included 

AAL APA CCL MGM PFE SU

NIO LYFT GOOS CNQ DAL HST NTAP

UBER TD CVX EAT ELF MRNA NCLH 

BA UAL EXPE FFIV OXY SLB YELP

WYNN LVS MA MS ULTA V X M ACB....

AH Futures Mixed

AH Asian Markets UP

AH Oil Down

AH Gold UP

About market, TAPE was already UP 400 points in DOW in pre market when news broke of PFE vaccine being 90% effective, that propelled market to open sharply higher, DOW was UP as much as 1600 points. DOW & S&P 500 both closed @ new all time high. Internals were mostly strong. Nasdaq closed in red which highlights shift in strategies and rotation.

BLOG does NOT give buy or sell.

Saleem

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US stock market all set for major rally......

 Stocks are all set to jump to record level to celebrate dawn of a new era in US & world politics.

US administration is expected to run policies from a well thought out process not from tweet @ 3 AM.

Congratulations to President Biden & Vice President Kamala Harris on a softer message to encourage change and respect for all.

US stock market is going to react with full bull strength and may even make new all time highs in Nasdaq and other indices.

Open must be bought or else there is a chance you may watch in envy how others are making money by close.

I expect all sectors and most stocks to participate in Monday's run for roses....

SOX is already trading @ new all time high.....

Nasdaq may conquer new all time high @ open.

Very few time in trading history that you get a chance to be a part of record breaking open.....do not overthink......

Biden rally may beat any rally which we may have seen, there is a seismic shift in US policies internally and externally.

We all know how Biden laid out his vision of " Make America respect everyone again " and a brand new concept in USA " all are American "

I expect laggards to outperform % wise.....by a wide margin...

Technology & SOX will continue to shine and will be the leader in volume and $ gains....

SO ..rally is here....

Be part of it...

Do not sell quickly...

Time to celebrate being in stock market worldwide....

Good luck with your own thesis on political change, market reaction and message of new team  which has been " HIRED "

BLOG does NOT give buy or sell.

Saleem

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Indices closed mixed.....

 Indices closed mixed after huge runup. COVID-19 is making new all time highs in USA in daily reported 140,000 infections. Election is inching its way into finality. Monday should be very interesting in US markets as we greet new President Elect.

S&P 500 @ 3509.44, low 3484.34, high 3521.58

RSI @ 60.03

CMF @ -0.109

Internals were :

Down volume led by 1.18 to 1 in NYSE & .81 to 1 in Nasdaq

Declining stocks led by 1.41 to 1 in NYSE & 1.63 to 1 in Nasdaq

Net new 52 wk highs were leading by 188 in NYSE & 172 in Nasdaq

VIX Down 9.86% @ 24.86

Oil @ $37.14

Gold @ $1951.70

Canadian $ @ .6964

Stocks which were UP 1% or more included AG

SNAP PINS MRVL AMD IPHI FCX MU SQ

PANW LYFT NXPI ZI PLAN ROKU CIEN 

CGC ACB TLRY CRWD UBER ENPH 

SEDG UPS ASML XLNX BZUN TSM

NVDA AEM LRCX FSLR BABA MGA

SPWR CMG X M....

Here is my portfolio weighting :

MGM       31.74%

SU           19.04%

AAL        16.69%

CCL       12.50%

RUN        7.96%

AG          7.22%

APA        4.85%

Next post by 6 PM on Sunday

BLOG does NOT give buy or sell.

Saleem

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Indices closed UP 1.95% to 2.59%....NICE !!!!

 Indices closed UP.

S&P 500 @ 3510.45, high 3529.05, low 3485.74

RSI @ 60.13

CMF @ -0.098

Internals were :

UP volume led by 5.41 to 1 in NYSE & 4.24 to 1 in Nasdaq

Advancing stocks led by 4.57 to 1 in NYSE & 3.30 to 1 in Nasdaq

Net new 52 wk highs were leading by 248 in NYSE & 211 in Nasdaq

VIX Down 6.73% @ 27.58

Oil @ $38.79

Gold @ $1946.80

Canadian $ @ .6950

Portfolio AAL APA CCL AG MGM RUN SU

Stocks which closed UP 5% or more included AAL CCL AG RUN

NIO SPWR IAG DKNG GAN JKS CSIQ FSLR ENPH SEDG

MU NKLA QRVO DADA PENN AUY ZI KL CGC TLRY

ACB DAL UAL ESTC LITE NCLH QCOM BYND BZUN

LRCX AMAT OXY FSLR MRVL WYNN LVS MGA 

OSTK SWKS X....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was strong again with most sectors participating, Indices closed near high of the day. Internals were strong. Many stocks had double digit gains which proved that lot of short covering and new money was allocated to equity. We are on the way to series of new all time highs in this run.

BLOG does NOT give buy or sell.

Saleem

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Indices closed UP 1.34% to 3.85%....NICE!!!!

 Indices closed UP.

S&P 500 @ 3443.44, high 3486.25, low 3405.17

RSI @ 55.10

CMF @ -0.064

Internals were :

UP volume led by .87 to 1 in NYSE & 1.91 to 1 in Nasdaq

Advancing stocks led by 1.36 to 1 in NYSE & 1.26 to 1 in Nasdaq

Net new 52 wk highs were leading by 125 in NYSE & 112 in Nasdaq

VIX Down 16.82% @ 29.57

Oil @ $39.15

Gold @ $1896.20

Canadian $ @ .6882

Portfolio AAL APA CCL AG MGM RUN SU

Stocks which were UP 5% or more included PINS MRVL NIO

AMD DKNG PANW LYFT DADA PENN DOCU PLAN 

SHOP ROKU TOL ZM CRWD ESTC UBER KBH TER

AAPL DHI PHM LSCC XLNX LULU NVDA TWLO 

LRCX AMZN AMAT OLED YY SQ NTNX YELP

FB CMG....

AH Futures UP

AH Asian Markets UP

AH Oil Down

AH Gold UP

About market, TAPE was in overdrive due to election trend in US election with mostly status quo which means no radical legislation to curb Capitalism. Nasdaq stay home stocks were strongest plus UBER & LYFT due to approval of proposition in California. Internals were surprisingly not so strong. Hopefully with more clarity on US election results, rally should continue.

BLOG does NOT give buy or sell.

Saleem

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Indices closed UP 1.78% to 2.06%....NICE !!!!

 Indices closed UP.

S&P 500 @ 3369.16, high 3389.49, low 3326.35

RSI @ 48.38

CMF @ -0.032

Internals were :

UP volume led by 5.53 to 1 in NYSE & 3.83 to 1 in Nasdaq

Advancing stocks led by 4.24 to 1 in NYSE & 4.11 to 1 in Nasdaq

Net new 52 wk highs were leading by 69 in NYSE & 26 in Nasdaq

VIX Down 4.26% @ 35.55

Oil @ $37.66

Gold @ $1910.40

Canadian $ @ .6863

Portfolio AAL APA CCL AG MGM RUN SU

Stocks which closed UP 3% or more included AG MGM

NIO DKNG LYFT TWTR PENN DOCU CNQ PDD

EAT BA LULU NVDA TSLA LRCX FEYE CRUS

EXPE FFIV NTNX MS OSTK ULTA M.....

AH Futures Mixed

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE reacted to positive economic news in USA. Election day voting brought focus back to economic improvement to come worldwide, with better than expected growth projection from China. Indices closed near high of the day with internals mostly strong. Hopefully by the time we all wake UP there will be an elected President in USA.

BLOG does NOT give buy or sell.

Saleem

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Indices closed UP .42% to 1.60%....NICE !!!!

 Indices closed UP.

S&P 500 @ 3310.24, high 3330.14, low 3279.74

RSI @ 42.00

CMF @ -0.089

Internals were :

UP volume led by 5.20 to 1 in NYSE & 1.61 to 1 in Nasdaq

Advancing stocks led by 2.94 to 1 in NYSE & 2.02 to 1 in Nasdaq

Net new 52 wk highs were leading by 11 in NYSE & lows by 33 in Nasdaq

VIX Down 2.34% @ 37.13

Oil @ $36.81

Gold @ $1892.50

Canadian $ @ .6743

Portfolio AAL APA CCL AG MGM RUN SU

Stocks which closed UP 4% or more included APA RUN SU

NIO FCX GAN JKS ENPH BZUN OXY SLB SPWR

OSTK CGC TLRY ACB....

AH Futures UP

AH Asian Markets UP

AH Oil Down

AH Gold UP

About market, TAPE was strong due to strong economic data from China & USA,  economic activity related stocks saw some of the biggest gains while cruise lines sat this rally out as further delay was announced by companies, Airlines also suffered due to movement restrictions in Europe. Today most internals were strong. Tuesday being election day in USA " too much noise is in the air "...hopefully calm may prevail around 11 PM, when winner may be announced to bring the temperature down substantially.

BLOG does NOT give buy or sell.

Saleem

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BIG tech BIG trouble in US stock market.....

 This is the first time that biggest tech companies are violating 50 DMA across the board.....

They were the hallmark of " America the great phenomenon "

WHY they are all in a unified downtrend is extremely " rare phenomenon "

Will they find support near 200 DMA is the question of the day....

None of the sector which I monitor looks healthy either, another " rare phenomenon "

Here is the RSI numbers..my sole guide in any market :

DOW           31.74

S&P 500     37.05

Nasdaq       39.51

XLE           40.37

IWM          41.86

GLD          41.98

SOX          42.59

JETS         43.21

XLB          43.36

TAN         50.70 

As you can clearly see that just about every sector / Index is being sold off except TAN ( Solar )

They may NOT have reached " deeply oversold conditions yet "

RSI in 20's are considered deeply oversold......

We may get to deeply oversold level by end of Monday hopefully?

COVID-19 is not going away anytime soon.....

BUT US election is ending in 48 hours with all the unintended dramatics as a side show......

SO some relief may be on the way...one uncertainty may have " clearer picture Tuesday night "

In this environment exposure is important but in a diversified manner......

Market should find support before we know soon...hopefully..

Good luck with your own take on COVID-19, Election and technical health of this market.

BLOG does NOT give buy or sell.

Saleem

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Indices closed down .59% to 2.45%.....

 Indices closed down as we went further down in all indices as fear of rising COVID-19 took hold. By close we closed slightly above low of the day which may be the best technical indicator we can count on, not closing @ or near low of the day.

S&P 500 @ 3269.96, low 3233.94, high 3304.93

RSI @ 37.05

CMF @ -0.059

Internals were :

Down volume led by 1.35 to 1 in NYSE & 2.15 to 1 in Nasdaq

Declining stocks led by 1.83 to 1 in NYSE & 2.65 to 1 in Nasdaq

Net new 52 wk lows were leading by 55 in NYSE & 80 in Nasdaq

VIX UP 1.14% @ 38.02

Oil @ $35.79

Gold @ $1789.90

Canadian $ @ .6663

Stocks which closed UP 1% or more included AAL APA CCL AG

IBM IAG GOLD AUY CNQ CIEN CVX NCLH GOOG SLB...

Here is my portfolio weighting :

MGM         31.21%

SU            19.30%

AAL          17.30%

CCL         13.06%

RUN          7.56%

AG            6.62%

APA          4.95%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

Read more »

Indices closed UP .52% to 1.64%....NICE!!!!

 Indices closed UP.

S&P 500 @ 3310.11, high 3341.05, low 3259.82

RSI @ 40.23

CMF @ -0.057

Internals were :

UP volume led by 2.44 to 1 in NYSE & 1.91 to 1 in Nasdaq

Advancing stocks led by 1.88 to 1 in NYSE & 1.90 to 1 in Nasdaq

Net new 52 wk lows were leading by 67 in NYSE & 47 in Nasdaq

VIX Down 6.68% @ 37.59

Oil @ $36.17

Gold @ $1868.00

Canadian $ @ .6629

Portfolio AAL APA CCL AG MGM RUN SU

Stocks which were UP 5% or more included APA CCL MGM

NIO NVAX KRA HUYA TWTR X ACB TLRY.....

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE started lower then found support and turned UP. Indices closed near high of the day. Internals were mostly positive. AH earnings reaction were mostly negative except GOOG. Futures are lower, hopefully Friday may bring some buying by close.

BLOG does NOT give buy or sell.

Saleem

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Indices closed down 3.43% to 3.73%....

 Indices closed down.

S&P 500 @ 3271.03, low 3268.89, high 3342.48

RSI @ 35.21

CMF @ -0.066

Internals were :

Down volume led by 8.47 to 1 in NYSE & 2.56 to 1 in Nasdaq

Declining stocks led by 10.05 to 1 in NYSE & 6.17 to 1 in Nasdaq

Net new 52 wk lows were leading by 97 in NYSE & 113 in Nasdaq

VIX UP 20.78% @ 40.28

Oil @ $37.39

Gold @ $1789.20

Canadian $ @ .6676

Portfolio AAL APA CCL AG MGM RUN SU

Stocks which closed green included RUN

SPWR JKS ENPH SEDG FSLR SNOW

DADA SNAP ERI PHM IQ TWLO...

AH Futures UP

AH Asian Markets Down

AH Oil & Gold UP

About market, TAPE was in shock when Trump announced that Pandemic is under control and he single handedly did it, so we slumped almost 1000 DOW points and closed @ low of the day. On COVID-19 there is steady news flow of progress in vaccine process. Market was reacting to worldwide concern about shutdown impact on Economic picture, thus a sharp worldwide selloff.

BLOG does NOT give buy or sell.

Saleem

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Indices closed mixed....

 Indices closed mixed.

S&P 500 @ 3390.68, low 3388.71, high 3409.51

RSI @ 46.24

CMF @ -0.010

Internals were :

Down volume led by 2.78 to 1 in NYSE & 1.03 to 1 in Nasdaq

Declining stocks led by 1.94 to 1 in NYSE & 1.55 to 1 in Nasdaq

Net new 52 wk highs were leading by 5 in NYSE & lows by 24 in Nasdaq

VIX UP 2.74% @ 33.35

Oil @ $39.57

Gold @ $1911.90

Canadian $ @ .6839

Portfolio AAL APA CCL AG MGM RUN SU

Stocks which closed green included AG

IAG FCX MRVL SNOW GOLD SQ

MSFT NKLA CLDR TWTR SNAP 

AUY NIO NEM DOCU ZI SHOP

KL ROKU ERI MTCH ZM ESTC 

DDOG PDD JD PINS NVAX AAPL

BIDU IQ HUYA MOMO BZUN

NVDA FB TSLA AEM AMZN

BABA OSTK X....

AH Futures Down

AH Asian Markets Down

AH Oil & Gold Down

About market, TAPE opened higher then closed near low of the day. COVID-19 seems to be out of control in many parts of the world including Canada. Market is trying to discount the enormity of Corona and also trying to handicap US election, thus a very uncertain picture, market hates uncertainty. Keep your faith and be opportunistic in switching or buying.

BLOG does NOT give buy or sell.

Saleem

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Indices closed down 1.64% to 2.29%.....

 Indices closed down.

S&P 500 @ 3400.97, low 3364.86, high 3441.42

RSI @ 47.43

CMF @ 0.012

Internals were :

Down volume led by 8.68 to 1 in NYSE & 2.46 to 1 in Nasdaq

Declining stocks led by 6.23 to 1 in NYSE & 4.55 to 1 in Nasdaq

Net new 52 wk lows were leading by 39 in NYSE & 22 in Nasdaq

VIX UP 17.82% @ 32.46

Oil @ $38.56

Gold @ $1905.70

Canadian $ @ .6781

Portfolio AAL APA CCL AG MGM RUN SU

Stocks which closed green included RUN

JKS ENPH AMD DSS DOCU SHOP

ERI ZM JD AEM AMZN YY....

AH Futures UP

AH Asian Markets Down

AH Oil & Gold UP

About market, TAPE took a COVID-19 dip on record infection around the world. This pullback took DOW almost 1000 points down but closed down 650 area. This was a classic " fear on the street " with internals were negative big time. It is wise to keep faith in your thesis of being invested. Turnaround Tuesday is coming.

BLOG does NOT give buy or sell.

Saleem

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Rotation taking hold in US stock market.....

 It took a long time BUT rotation is evident to even the-most skeptics.

Here are RSI numbers :

XLE           46.32

GLD          48.11

DOW         53.83

Nasdaq     54.96

S&P 500  55.75

SOX         56.73

TAN         57.28

IWM        62.72  

JETS       64.66 

I am sure some of you are surprised that Airlines ( JETS ) is the strongest sector, this is not suppose to happen IF you ask any Technician / Fundamental analysts and are not positioned with any exposure, guess what can happen NOW.....

Small cap ( IWM ) is 2nd strongest group in entire market, again not suppose to happen ....

TAN ( Solar ) is the 3rd strongest group even after recent severe pullback.....

XLE & GLD are the dog of this market still....have a strong belief that more merger will take place that will boost XLE sector in short order.

IF this picture is not clear to anyone still, please pay attention to this RSI table...thou shall see the light..

Market exposure needs to reflect changing rotation.

YES technology and other favorite sectors should do well BUT not @ the pace as before, there is outflow from stay home to travel sector in a big way.

Market was bogged down by stimulus on  / off tussle....

Election and its theatrics are in final stretch, winners are easily predictable, the-big one should be a landslide.....silent majority have spoken in the polls......

SO...stay diversified with reverse weighting than before, thou should do well in $$$$ arena.

Good luck with your own thesis about COVID-19, vaccine, stimulus and election, but all that may getting in rear view mirror.

BLOG does NOT give buy or sell.

Saleem

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Indices closed mixed.....

 Indices closed mixed where DOW lost slightly while Nasdaq & S&P 500 closed green. News on vaccine front is encouraging on a daily basis by many drug firms.US election is winding down where debate was conducted in a respectful manner.

S&P 500 @ 3465.39, high 3466.46, low 3440.45

RSI @ 55.75

CMF @ 0.031

Internals were :

UP volume led by 1.54 to 1 in NYSE & 1.34 to 1 in Nasdaq

Advancing stocks led by 1.74 to 1 in NYSE & 1.63 to 1 in Nasdaq

Net new 52 wk highs were leading by 52 in NYSE & 46 in Nasdaq

VIX down 1.99% @ 27.55

Oil @ $39.85

Gold @ $1905.20

Canadian $ @ .6849

Stocks which were UP 1% or more included CCL MGM SU

SPWR CSIQ FSLR LYFT NXPI SNAP AMD DOCU PLAN

SHOP TOL MTCH KBH ELF TER NCLH DHI PHM VICR

HUYA MOMO XLNX LULU BZUN NVDA FB UAL YY

BABA GOOG LVS CMG X M.....

In my portfolio Added 60% RUN @ $56.00

Here is my portfolio weighting :

MGM        31.77%

SU           19.21%

AAL         17.31%

CCL        13.11%

RUN         7.29%

AG           6.35%

APA         4.96%

Next post by 6 PM on Sunday

BLOG does NOT give buy or sell.

Saleem

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Indices closed UP .19% to .54%...NICE!!!!

 Indices closed UP.

S&P 500 @ 3453.49, high 3460.53, low 3415.34

RSI @ 54.38

CMF @ 0.025

Internals were :

UP volume led by 3.74 to 1 in NYSE & 2.12 to 1 in Nasdaq

Advancing stocks led by 1.90 to 1 in NYSE & 1.72 to 1 in Nasdaq

Net new 52 wk highs were leading by 27 in NYSE & 26 in Nasdaq

VIX Down 1.88% @ 28.11

Oil @ $ 40.64

Gold @ $1904.60

Canadian $ @ .6865

Portfolio AAL APA CCL AG MGM RUN SU

Stocks which were UP 3% or more included

AAL APA CCL MGM SU

FCX DKNG GAN LYFT SNAP CNX CGC

DAL UBER CVX MRNA NCLH BA SPLK

EXPE OLED OXY WYNN LVS OSTK X M...

AH Futures Mixed

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE was under selling pressure from open despite better jobless claims. Indices tested support around 50 DMA area and reversed and closed near high of the day, technically V reversal. Internals were all positive. Energy stocks were leading performer along with travel, gaming stocks. It was a day when most sectors participated with rotation in major focus.

BLOG does NOT give buy or sell.

Saleem

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