Tuesday, July 21, 2020

Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 3257.30, high 3277.29, low 3247.77

RSI @ 64.10

CMF @ 0.119

Internals were :

UP volume led by 4.38 to 1 in NYSE & 2.13 to 1 in Nasdaq

Advancing stocks led by 3.22 to 1 in NYSE & 1.58 to 1 in Nasdaq

Net new 52 wk highs were leading by 251 in NYSE & 179 in Nasdaq

VIX UP 1.55% @ 24.84

Oil @ $41.96

Gold @ $1843.90

Canadian $ .6554

Portfolio AAL APA CCL MGM SU

Stocks which were UP 2% or more included APA MGM SU
PENN DKNG CNQ GAN CNX KL CVX EAT KRA NKE 
BA YY OXY SLB LNG NTNX MOMO X M TLRY....

AH Futures UP

AH Asian Markets Down

AH Oil & Gold UP

About market, TAPE ended mixed today with Nasdaq stocks took a well deserved breather, Oil & Gold was UP so were the stocks. Casinos cruise lines joined in a mini rally. Airlines saw green in most. Hopefully overnight stats of infection / death in USA may show relatively less aggressive number. President Trump also wearing mask and claiming it is a sign of patriotic American. Internals were much better today.

BLOG does NOT give buy or sell.

Saleem



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