Friday, July 2, 2021

Indices closed UP .44% to .81%....NICE !!!!

 Indices closed UP. DOW joined S&P 500 & Nasdaq in making a new all time high. Internals were poor and VIX sinking to 15.07. RSI @ 71.90 also flashing major caution. Jobs report was better than expected but It was in reopening sector of hospitality mostly.

S&P 500 @ 4352.34, high 4355.43, low 4326.60

RSI @ 71.90

CMF @ 0.193

Internals were :

Down volume led by 1.02 to 1 in NYSE & 1.36 to 1 in Nasdaq

Declining stocks led by .89 to 1 in NYSE & 1.48 to 1 in Nasdaq

Net new 52 wk highs were leading by 304 in NYSE & 89 in Nasdaq

VIX Down 2.65% @ 15.07

Oil @ $75.16

Gold @ $1783.30

Canadian $ @ .7651

Stocks which were UP 1% or more included TECK CLF CRM

LSPD AAPL TWTR QCOM QRVO SNAP SWKS DASH

RUN AMD INTC MSFT LYFT UBER PLAN NTAP

DDOG ENPH NKE ASML NVDA AMZN CRUS

GOOG MA ORCL CMG V....

Here is my portfolio weighting :

HST        26.11%

CNX       23.84%

UAL       13.31%

XPEV       8.59%

WEED     8.49%

NCLH     7.31%

MGM      7.27%

RIOT      5.08%

Next post on Monday by 6 PM.

BLOG does NOT give buy or sell.

Enjoy 4th of July with family!!!

Saleem



2 comments:

stocktrader_1996 said...

Hi Saleem,

I went on a short vacation starting Tuesday afternoon and really tried to take some time off.

I hope your long weekend is going well so far!

Good luck with the recent mvoes!

Stocktrader

Stocks100 said...


Hi Stocktrader,

Enjoy your well deserved mini time out from hectic trading.

Looking forward to your return from vacation.

Saleem