Monday, August 2, 2021

Indices closed mixed...

 Indices closed mixed.

S&P 500 @ 4387.16, low 4384.81, high 4422.18

RSI @ 56.97

CMF @ 0.224

Internals were :

UP volume led by .71 to 1 in NYSE & 1.76 to 1 in Nasdaq

Advancing stocks led by .94 to 1 in NYSE & 1.05 to 1 in Nasdaq

Net new 52 wk highs were leading by 260 in NYSE & 85 in Nasdaq

VIX UP 6.69% @ 19.46

Oil @ $71.26

Gold @ $1822.20

Canadian $ @ .7531

Portfolio CNX HST MGM WEED XPEV NCLH PLTR RIOT UAL

Stocks which were UP 1% or more included PLTR RIOT XPEV

HOOD AFRM NIO SQ LSPD BYD NVTA FSLR QRVO SWKS

MSTR DASH RIDE BIDU AMD DKNG LYFT NXPI ZI SHOP

DHI BZUN TSLA AMAT BABA JWN JKS....

AH Futures UP

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE celebrated progress in Infrastructure bill with green open but then faded by close, Indices closed near low of the day. Internals were mixed. Only Nasdaq closed in green. Fed voting member comments about taper brought the market lower.

BLOG does NOT give buy or sell.

Saleem

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