Friday, July 16, 2021

Indices closed down .75% to .86%.....

 Indices closed near low of the day in a broad based selling affecting all sectors. Internals braved this selling by turning positive for the first time in days. Delta is taking a toll on traders sentiment as numbers are escalating all over the world.

S&P 500 @ 4327.16, low 4322.52, high 4375.09

RSI @ 55.28

CMF @ 0.184

Internals were :

UP volume led by 1.18 to 1 in NYSE & 1.24 to 1 in Nasdaq

Advancing stocks led by 1.43 to 1 in NYSE & 1.10 to 1 in Nasdaq

Net new 52 wk highs were leading by 296 in NYSE & 124 in Nasdaq

VIX UP 8.47% @ 18.45

Oil @ $71.81

Gold @ $1815.00

Canadian $ .7409

Stocks which were UP 1% or more included XPEV

SQ NVTA FUBO DOCU PLAN ZM DDOG 

NVAX MRNA TWLO ORCL.....

Here is my portfolio weighting :

HST      27.24%

CNX     24.96%

UAL     13.07%

XPEV    8.62%

WEED   8.05%

MGM    7.18%

NCLH   6.57%

RIOT    4.31%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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