Thursday, August 5, 2021

Indices closed UP .60% to .78%...NICE!!!!

 Indices closed UP.

S&P 500 @ 4429.10, high 4429.76, low 4408.86

RSI @ 61.22

CMF @ 0.197

Internals were :

UP volume led by 2.50 to 1 in NYSE & 2.54 to 1 in Nasdaq

Advancing stocks led by 2.06 to 1 in NYSE & 2.23 to 1 in Nasdaq

Net new 52 wk highs were leading by 194 in NYSE & 72 in Nasdaq

VIX Down 3.84% @ 17.28

Oil @ $69.09

Gold @ $1808.90

Canadian $ @ .7509

Portfolio CNX HST MGM WEED XPEV NCLH PLTR RIOT UAL

Stocks which were UP 4% or more included

HST MGM WEED NCLH UAL

BB SQ LSPD ACB COIN M

BYD JBLU SAVE AAL DAL

TRIP RCL CCL FUBO MSTR

LYFT ZI ESTC DDOG EXPE

DDD JWN WYNN LVS OSTK...

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE closed @ high of the day with S&P 500 @ new all time high. Most restart stocks participated in a big way along with stay home with good earnings. Internals were strong. Its all about jobs report @ 830 AM 85000 job growth expected which should be an  easy target.

BLOG does NOT give buy or sell.

Saleem

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