Wednesday, August 25, 2021

Indices closed UP .11% to .22%...NICE !!!

 Indices closed UP.

S&P 500 @ 4496.19, high 4501.71, low 4485.66

RSI @ 67.90

CMF @ 0.230

Internals were :

UP volume led by 1.78 to 1 in NYSE & 1.86 to 1 in Nasdaq

Advancing stocks led by 1.49 to 1 in NYSE & 1.31 to 1 in Nasdaq

Net new 52 wk highs were leading by 216 in NYSE & 109 in Nasdaq

VIX Down 2.50% @ 16.79

Oil @ $68.36

Gold @ $1791.00

Canadian $ @ .7372

Portfolio CNX HST MGM WEED NCLH PLTR RIOT UAL XPEV

Stocks which were UP 1% or more included

CNX HST MGM NCLH UAL 

AFRM MU TECK APA LSPD

BYD TSM MRVL WYNN AAL

LAC CCL MSTR PINS DKNG 

PANW LYFT NXPI PENN ZI

CRWD UBER NVDA SPLK

JKS WYNN LVS ULTA....

AH Futures Down

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE stayed green until close while S&P 500 & Nasdaq made a new all time high. Internals were positive. Reopen stocks stayed green again along with strong technology stocks. Jackson Hole Fed virtual address remains in focus which may create volatility in anticipation.

BLOG does NOT give buy or sell.

Saleem

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