Thursday, July 16, 2020

Indices closed down .34% to .73%.....

Indices closed down.

S&P 500 @ 3215.57, low 3198.59, high 3220.39

RSI @ 60.43

CMF @ 0.100

Internals were :

Down volume led by 1.64 to 1 in NYSE & .65 to 1 in Nasdaq

Declining stocks led by 1.27 to 1 in NYSE & 1.48 to 1 in Nasdaq

Net new 52 wk highs were leading by 137 in NYSE & 89 in Nasdaq

VIX UP .86% @ 28.00

Oil @ $40.75

Gold @ $1800.30

Canadian $ .6457

Portfolio AAL APA CCL MGM SU

Stocks which closed green included APA
PENN DKING ZI GAN TOL KBH PINS
NVAX UPS DHI PHM RUN ASML 
LULU TSM FB LRCX AMZN 
NFLX FEYE MS.....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE gave back euphoria of vaccine and faced reality of infections @ record levels. There is more dissension between White House and CDC...what else is new, politicians are experts in infection not trained scientist. On the bright side internals were not bad and VIX almost unchanged which means a green close on Friday.

BLOG does NOT give buy or sell.

Saleem

1 comment:

stocktrader_1996 said...

Hi guys,

Sold LL @ 18.81 to take profits

It was just a trade, and so I'm done with it for now. I have some concerns that house spending (building or renovating) is peaking for this year.

Stocktrader