Wednesday, July 20, 2022

Indices closed UP .15% to 1.58%...NICE !!!!

 Indices closed UP.

S&P 500 @ 3959.90, high 3974.13, low 3932.03

RSI @ 56.80

CMF @ 0.291

Internals were :

UP volume led by 1.59 to 1 in NYSE & 4.51 to 1 in Nasdaq

Advancing stocks led by 1.94 to 1 in NYSE & 2.28 to 1 in Nasdaq

Net new lows were leading by 452 in NYSE & 15 in Nasdaq

VIX Down 2.53% @ 23.88

Oil @ $101.44

Gold @ $1700.20

Canadian $ @ .7122

Portfolio ARKK BTCC HST MGM NCLH PLTR RIOT SOFI UAL

Stocks which were UP 4% or more included ARKK NCLH PLTR SOFI

SOL SNAP AMAT SPWR AFRM LSPD COIN ROKU BMBL RCL

DASH AMD DKNG SNOW DOCU ZI SHOP ESTC UBER DDOG

TWLO META LRCX SPLK NFLX JWN SQ LVS OSTK MSTR..

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE closed UP today again. Most sectors participated in todays UP move. Internals were mostly positive. Closing was particularly impressive and had a bullish tone. Leadership of this market is well defined and should be followed for superior returns.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Trimmed some IONQ @ 5.16 to have a little cash for post-earnings opportunities

Specifically I'm wondering how bad SNAP's might be tonight, but any company that drops this earnings season could be a buying opportunity.

Stocktrader

Stocks100 said...


Hi Stocktrader,

This is a very difficult operating environment for business.
Hard to predict either results or reaction...case in point UAL makes money but is being trashed big time..
Good luck with SNAP
Saleem