Thursday, July 29, 2021

Indices closed UP .11% to .44%...NICE !!!!

 Indices closed UP

S&P 500 @ 4419.15, high 4429.97, low 4403.59

RSI @ 63.09

CMF @ 0.373

Internals were :

UP volume led by 2.37 to 1 in NYSE & 1.21 to 1 in Nasdaq

Advancing stocks led by 2.34 to 1 in NYSE & 1.22 to 1 in Nasdaq

Net new 52 wk highs were leading by 292 in NYSE & 109 in Nasdaq

VIX Down 3.33% @ 17.70

Oil @ $73.62

Gold @ $1831.20

Canadian $ @ .7558

Portfolio CNX HST MGM WEED XPEV NCLH PLTR RIOT UAL

Stocks which were UP 1% or more included HST XPEV

MU NIO GE TECK FCX CLF X MRVL QCOM QRVO

PAAS SWKS CNQ CVX AMD SPWR CSIQ SEDG

LYFT NXPI TOL ZM KBH DHI PHM TER TSLA

AEM DDD MA MGA CMG ....

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was strong whole day and closed UP, Internals were strong also. After hours earnings reports from AMZN was a major downer a huge miss, PINS, SWKS were no help either, futures are extremely weak, weakness on Friday could be bought in good earning stocks.

BLOG does NOT give buy or sell.

Saleem

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