Friday, July 24, 2020

Indices closed down .62% to .94%.....

Indices closed down with technology stocks under selling pressure, AMD was the rare beneficiary of INTC trouble. Gold made a new all time high today. Gold & Silver stocks were strong.

S&P 500 @ 3215.63, low 3200.05, high 3227.26

RSI @ 56.45

CMF @ 0.157

Internals were :

Down volume led by 2.16 to 1 in NYSE & 1.58 to 1 in Nasdaq

Declining stocks led by 1.91 to 1 in NYSE & 2.77 to 1 in Nasdaq

Net new 52 wk highs were leading by 81 in NYSE & 17 in Nasdaq

VIX Down .92% @ 25.84

Oil @ $41.29

Gold @ $1897.50

Canadian $ .6566

Stocks which closed green included AMD PENN AUY 
GOLD NEM DKNG CNX KL CIEN TOL EAT PHM 
VICR WB TSM AEM NVDA SHOP.......

Here is my portfolio weighting :

MGM         32.43%

AAL           23.62%

SU            20.78%

CCL         12.93%

APA         10.24%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem  

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