Tuesday, July 28, 2020

Indices closed down .65% to 1.27%....

Indices closed down

S&P 500 @ 3218.44, low 3216.17, high 3243.72

RSI @ 55.89

CMF @ 0.193

Internals were :

Down volume led by 1.18 to 1 in NYSE & 1.00 to 1 in Nasdaq

Declining stocks led by 1.25 to 1 in NYSE & 1.97 to 1 in Nasdaq

Net new 52 wk highs were leading by 120 in NYSE & 48 in Nasdaq

VIX UP 2.83% @ 25.44

Oil @ $41.04

Gold @ $1944.60

Canadian $ @ .6631

Portfolio AAL APA CCL MGM SU

Stocks which were UP 3% or more included AAL CCL MGM
DADA NIO CNX CGC MTCH TLRY CRON APHA NVAX 
NCLH WYNN M.......

AH Futures UP

AH Asian Markets Down

AH Oil & Gold UP

About market, TAPE closed near low of the day, internals were weak. Gold keeps making new all time highs. Race for COVID-19 vaccine continues all over the world, there are about 50 drug companies in this challenging race to create much needed vaccine. After hours AMD guiding well above consensus and was rewarded with a new all time high. Tomorrow its all about testimony by FB, GOOG, AMZN, TWTR head honcho and Fed meeting statement @ 2 PM, no surprise expected anywhere.

BLOG does NOT give buy or sell.

Saleem

2 comments:

Stocks100 said...


Hi Stocktrader,

Sold APA in AH @ $15.50

Saleem

Stocks100 said...


Hi Stocktrader,

Bought QRVO @ $123.00 in AH.....great earning

Saleem