Thursday, 6 August 2020

Indices closed UP .64% to 1.00%....NICE !!!!

Indices closed UP.

S&P 500 @ 3349.16, high 3351.03, low 3318.14

RSI @ 68.70

CMF @ 0.393

Internals were :

UP volume led by .78 to 1 in NYSE & 1.31 to 1 in Nasdaq

Advancing stocks led by 1.06 to 1 in NYSE & .87 to 1 in Nasdaq

Net new 52 wk highs were leading by 212 in NYSE & 204 in Nasdaq

VIX Down 1.48% @ 22.65

Portfolio AAL APA CCL MGM MSFT SU

Oil @ $41.95

Gold @ $2069.40

Canadian $ @ .6708

Stocks which were UP 3% or more included AAL MGM 
SQ LYFT NKLA PENN DKNG UBER AAPL NCLH
HUYA FB WYNN LVS.....

AH Futures Down

AH Asian Markets Down

AH Oil & Gold UP

About market, TAPE closed near high of the day after hesitation and negative action @ open. Nasdaq closed @ new all time highs 32 times to be exact and above 11K for the very first time @ close. CMF is @ highest point in a long long time, sign that money is flowing in equities. Internals were mixed. It is all about Jobs report which may surprise on the positive side by a wide margin which means, rally may catch more steam on Friday.

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