Tuesday, 4 August 2020

Indices closed UP .35% to .62%....NICE !!!!

Indices closed UP.

S&P 500 @ 3306.51, high 3306.84, low 3286.37

RSI @ 64.62

CMF @ 0.372

Internals were :

UP volume led by 2.25 to 1 in NYSE & 2.12 to 1 in Nasdaq

Advancing stocks led by 1.98 to 1 in NYSE & 1.55 to 1 in Nasdaq

Net new 52 wk highs were leading by 211 in NYSE & 186 in Nasdaq

VIX Down 2.14% @ 23.76

Oil @ $41.70

Gold @ $2021.00

Canadian $ @ .6631

Portfolio AAL CCL MGM MSFT SU

Stocks which were UP 2% or more included AAL CCL MGM 
LYFT SNAP AMD PENN AUY GOLD NEM KL CNQ 
ROKU UBER TLRY CRON ENPH SEDG AG EAT 
NCLH BIDU JKS IQ HUYA SPWR RUN BYND
FSLR CSIQ OLED OXY LNG ULTA X .....

AH Futures Down

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE closed @ high of the day after some hesitation @ open. Internals were positive. New sectors are participating means sector rotation is in full swing, today sector of the day was Cannabis group, Solar is on fire. Stay engaged with this unbelievable TAPE.CMF has hit highest level today in a long long time, means money is pouring in this TAPE.

BLOG does NOT give buy or sell.

Saleem

0 comments:

Post a Comment

 
Design by Free WordPress Themes | Bloggerized by Lasantha - Premium Blogger Themes | Online Project management