Monday, August 23, 2021

Indices closed UP .61% to 1.55%...NICE !!!!

 Indices closed UP.

S&P 500 @ 4479.53, high 4489.88, low 4450.29

RSI @ 63.15

CMF @ 0.237

Internals were :

UP volume led by 3.46 to 1 in NYSE & 6.59 to 1 in Nasdaq

Advancing stocks led by 2.46 to 1 in NYSE & 2.80 to 1 in Nasdaq

Net new 52 wk highs were leading by 136 in NYSE & 41 in Nasdaq

VIX Down 7.60% @ 17.15

Oil @ $65.64

Gold @ $1806.30

Canadian $ @ .7332

Portfolio CNX HST MGM WEED NCLH PLTR RIOT UAL XPEV

Stocks which were UP 2% or more included

MGM WEED NCLH PLTR RIOT UAL XPEV

HOOD NIO SU CCJ BB TECK APA BYD 

JBLU SAVE AAL TSM NVTA BMBL 

MRVL WYNN SNAP PAAS CNQ LAC

CCL MGNI FUBO FCX CLF BIDU

RUN AMD SPWR GAN SNOW CSIQ

LYFT KL DAL MTCH ENPH PDD JD

SEDG MRNA BA BYND BZUN NVDA

TSLA AEM LRCX AMAT YY DDD JWN

OXY SLB LNG TLRY.....

AH Futures UP

AH Asian Markets UP

AH Oil & Gold Down

About market, TAPE was strong in anticipation of soothing word from Fed. All sectors participated in todays run. Internals were strong. It was an unusual day when all boats were lifted as some of them were trashed recently. Selling do run its course. When it was all said and done S&P 500 and Nasdaq made a new all time high today.

BLOG does NOT give buy or sell.

Saleem

No comments: