Thursday, July 21, 2022

Indices closed UP .51% to 1.36%...NICE !!!

 Indices closed UP.

S&P 500 @ 3998.95, high 3999.29, low 3927.64

RSI @ 59.51

CMF @ 0.344

Internals were :

UP volume led by 1.58 to 1 in NYSE & 1.74 to 1 in Nasdaq

Advancing stocks led by 1.77 to 1 in NYSE & 1.52 to 1 in Nasdaq

Net new lows were leading by 440 in NYSE & 43 in Nasdaq

VIX Down 3.22% @ 23.11

Oil @ $96.35

Gold @ $1730.40

Canadian $ @ 23.11

Portfolio ARKK BTCC HST MGM NCLH PLTR RIOT SOFI UAL

Stocks which were UP 3% or more included PLTR RIOT

SNAP PYPL X PAAS LAC CLF SHOP DHI ASML

TSLA FFIV NFLX JWN LVS...

AH Futures Down

AH Asian Markets Down

AH Oil & Gold UP

About market, TAPE was bullish again and closed @ high of the day. Internals were mostly positive. Technology was strongest with good earnings from TSLA. AH SNAP spoiled the party by reporting a so so Q and pulling fiscal year guidance, META, GOOG, PINS went down in sympathy.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Added to SNAP @ 11.00

I think the headwinds they face are temporary and user growth continues to exceed estimates.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with more SNAP.

Saleem