Thursday, July 27, 2023

Indices closed down .55% to 1.29%....

 Indices closed down near low of the day on high volume " A reversal to REMEMBER "

S&P 500 @ 4537.41

RSI @ 63.77

VIX UP 9.25% @ 14.41

Internals were :

Down volume led by 3.01 to 1 in NYSE & 2.15 to 1 in Nasdaq

Declining stocks led by 2.99 to 1 in NYSE & 2.52 to 1 in Nasdaq

Net new highs were leading by 304 in NYSE & 63 in Nasdaq

Oil @ $80.09

Gold @ $1945.70

Canadian $ @ .6800

In my portfolio ...added 35% PLTR @ $16.98

Portfolio PLTR BTCC SHOP

It was 10 year yield which brought this stunning reversal. Be ready to buy strong stocks in this sky is falling selling which may last 2 days...

BLOG does NOT give buy or sell.

Saleem

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