Monday, July 27, 2020

Indices closed up .43% to 1.67%....NICE !!!!

Indices closed UP.

S&P 500 @ 3239.41, high 3241.43, low 3214.25

RSI @ 59.03

CMF @ 0.280

Internals were :

UP volume led by 1.40 to 1 in NYSE & 1.85 to 1 in Nasdaq

Advancing stocks led by 1.66 to 1 in NYSE & 1.47 to 1 in Nasdaq

Net new 52 wk highs were leading by 174 in NYSE & 55 in Nasdaq

VIX Down 4.26% @ 24.74

Oil @ $41.60

Gold @ $1931.00

Canadian $ @ .6619

Portfolio AAL APA CCL MGM SU

Stocks which were UP 1% or more included NXPI SNAP SQ AUX 
GOLD NEM DOCU SHOP KL ROKU CIEN CGC TOL MTCH
ZM CRWD NTAP DDOG KBH TLRY CRON ENPH AG MU
NVAX SEDG MRNA TER AAPL DHI PHM JKS RUN QCOM
LULU TSM TSLA LRCX CSIQ OLED SWKS....

AH Futures UP

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE closed near high of the day, Gold made a new all time high and a brand new intraday high also. Earnings reaction so far has been " sell the news ". Keep an eye on internals which is so so and also IF stocks are making new all time highs, that too is missing these days. It is called " churn near highs "

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi guys,

Sold NXPI @ 116.08
Bought SWKS @ 136.405

Swapped out for the better earnings report and guidance.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with SWKS.

Saleem