Tuesday, August 2, 2022

Indices closed down .16% to 1.23%.....

 Indices closed down.

S&P 500 @ 4091.19, low 4079.81, high 4140.47

RSI @ 61.73

CMF @ 0.264

Internals were :

Down volume led by 1.69 to 1 in NYSE & .54 to 1 in Nasdaq

Declining stocks led by 1.36 to 1 in NYSE & .94 to 1 in Nasdaq

Net new lows were leading by 440 in NYSE & 40 in Nasdaq

VIX UP 4.77% @ 23.93

Oil @ $94.42

Gold @ $1789.70

Canadian $ @ .7142

Portfolio ARKK BTCC HST MGM NCLH PLTR RIOT SOFI UAL

Stocks which were UP by 2% or more included ARKK NCLH PLTR RIOT

SOL RUN ENPH SPWR SHOP SNAP AFRM COIN ROKU CCL MGNI

DASH PINS DKNG LYFT UBER PENN ZI ZM MTCH CRWD DDOG

BYND SPLK BABA LAC BROS....

AH Futures Mixed

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE took another breather after a major run up last week. Geo political tensions were flaring with Taiwan / CHINA issue. Stay @ home stocks and technology stocks did well. Solar stocks keep chugging along. After hour earnings were mixed bag AMD weak guidance and PYPL upbeat earnings.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Sold CROX @ 77.28 to take profits

Bought SEAS @ 49.54 ahead of earnings

A swap from a product to an experience - I think people still have enough product from covid times and desire the experiences now.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with SEAS

Nice profit in CROX$$$$$

Saleem