Wednesday, July 28, 2021

Indices closed mixed....

 Indices closed mixed.

S&P 500 @ 4400.64, high 4415.47, low 4387.01

RSI @ 60.87

CMF @ 0.380

Internals were :

UP volume led by 2.47 to 1 in NYSE & 3.87 to 1 in Nasdaq

Advancing stocks led by 1.85 to 1 in NYSE & 2.57 to 1 in Nasdaq

Net new 52 wk high were leading by 140 in NYSE & low by 3 in Nasdaq

VIX Down 5.42% @ 18.31

Oil @ $72.39

Gold @ $1799.70

Canadian $ @ .7432

Portfolio CNX HST MGM WEED XPEV NCLH PLTR RIOT UAL

Stocks which were UP 3% or more included 

CNX WEED PLTR RIOT XPEV

SOL NIO AG BB ACB TLRY VUZI NVTA 

BMBL PAAS FUBO CLF DASH BIDU RUN 

SPWR CSIQ ENPH SEDG JKS AMD DKNG

 LYFT CRON PDD JD NVAX MRNA BA BZUN 

BABA DDD QS WB ....

AH Futures Mixed

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE was mixed @ close with Nasdaq being strong in anticipation of strong earnings BUT it was mostly baked in based on TAPE action in after hours. AMZN is the next big one after close on Thursday. This market remains treacherous on a daily basis rotation is in full swing. Internals were on the neutral side.

BLOG does NOT give buy or sell.

Saleem

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