Wednesday, August 11, 2021

Indices closed mixed....

 Indices closed mixed.

S&P 500 @ 4447.70, high 4449.44, low 4436.42

RSI @ 63.44

CMF @ 0.211

Internals were :

UP volume led by 2.39 to 1 in NYSE & 1.22 to 1 in Nasdaq

Advancing stocks led by 2.08 to 1 in NYSE & 1.13 to 1 in Nasdaq

Net new 52 wk highs were leading by 237 in NYSE & 24 in Nasdaq

VIX Down 4.35% @ 16.06

Oil @ $69.25

Gold @ $1753.30

Canadian $ @ .7483

Portfolio CNX HST MGM WEED NCLH PLTR RIOTUAL XPEV

Stocks which were UP 1% or more included HST MGM NCLH UAL

AFRM AG LSPD COIN VUZI BYD JBLU SAVE TRIP BMBL 

RCL PAAS AAL LAC CCL FUBO FCX PLAN KL TOL DAL

DDOG KBH DHI PHM BA SPLK OXY SLB MS OSTK

ULTA M......

AH Futures Mixed

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE closed mixed again a daily ritual a pattern not going to change going forward, a sign of " great rotation ". DOW & S&P 500 made a new all time highs. Internals were positive. Most stocks in reopen trade came back to life even they were down early on like airlines, a sign of things to come.

BLOG does NOT give buy or sell.

Saleem

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