Tuesday, July 27, 2021

Indices closed down .24% to 1.21%.....

 Indices closed down.

S&P 500 @ 4401.46, low 4372.51, high 4416.38

RSI @ 61.02

CMF @ 0.371

Internals were :

Down volume led by 1.57 to 1 in NYSE & 2.01 to 1 in Nasdaq

Declining stocks led by 1.87 to 1 in NYSE & 2.64 to 1 in Nasdaq

Net new 52 wk high were leading by 51 in NYSE & low by 182 in Nasdaq

VIX UP 10.13% @ 19.36

Oil @ $71.65

Gold @ $1799.80

Canadian $ @ .7417

Portfolio CNX HST MGM NCLH PLTR RIOT WEED XPEV UAL

Stocks which closed green included GE FSLR CSIQ

GOLD NEM TOL TD KBH ELF DHI PHM

BZUN MCD AEM EXPE FFIV NFLX 

DDD CMG....

AH Futures Mixed

AH Asian Markets Down

AH Oil UP

AH Gold Down

About market, TAPE was under selling pressure from pre market to close, reason stated was usual 10 year yield too low for everyone's comfort but technology not only did not benefit but was hardest hit today, so much for that theory. CDC was given blame for suggesting mask as precaution, can you imagine IF we do a lockdown like Australia. So many theories invented for market going down which is a routine process, get used to it.

BLOG does NOT give buy or sell.

Saleem

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