Indices closed UP.
S&P 500 @ 4345.72, high 4369.23, low 4309.87
RSI @ 42.79
CMF @ -0.222
Internals were :
UP volume led by 1.79 to 1 in NYSE & 1.27 to 1 in Nasdaq
Advancing stocks led by 1.45 to 1 in NYSE & 1.43 to 1 in Nasdaq
Net new 52 wk high were leading by 45 in NYSE & lows by 123 in Nasdaq
VIX Down 7.23% @ 21.30
Oil @ $78.93
Gold @ $1760.90
Canadian $ @ .7434
Portfolio CNX HST MGM XPEV NCLH RIOT SOL UAL
Stocks which were UP 2% or more included RIOT SOL XPEV
HOOD COIN AFRM SQ PYPL CGC ACB TLRY SU OXY
X ROKU BMBL MRVL TWTR FB SNAP CNQ SCHW
CLF MSTR MSFT DOCU CRWD DDOG NVDA TWLO
NFLX JKS MGA ORCL MS....
AH Futures Down
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE staged an oversold bounce, internals were mostly positive. We need a confirmation of today's move with a strong close on Wednesday, otherwise we go back to a weak TAPE. Covid-19 plus Delta variant has tendered a serious blow to world economic order, new problems have cropped up with no solution in sight.
BLOG does NOT give buy or sell.
Saleem
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