Friday, August 6, 2021

Indices closed mixed.....

 Indices closed mixed with Nasdaq down and DOW plus S&P 500 higher and @ new all time closing high. Jobs report was almost 100,000 higher than expected. 10 year yield ticked up despite that technology stocks behaved much better than expected.

S&P 500 @ 4436.52, high 4440.82, low 4429.07

RSI @ 62.15

CMF @ 0.169

Internals were :

UP volume led by 1.65 to 1 in NYSE & 1.19 to 1 in Nasdaq

Advancing stocks led by 1.33 to 1 in NYSE & 1.06 to 1 in Nasdaq

Net new 52 wk highs were leading by 206 in NYSE & 80 in Nasdaq

VIX Down 6.54% @ 16.15

Oil @ $68.28

Gold @ $1763.10

Canadian $ @ .7432

Stocks which were UP 2% or more included HST NCLH RIOT

HOOD SOL X CNQ CCL MGNI SCHW FCX CLF MSTR

DKNG UBER SEDG KRA JWN YELP.....

Here is my portfolio weighting :

HST        26.14%

CNX       22.46%

UAL       12.85%

XPEV       8.65%

WEED     7.50%

MGM      7.16%

NCLH     6.72%

RIOT      5.24%

PLTR     3.28%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

No comments: