Taking Stock -- Week of July 26, 2021

Monday, July 26, 2021

Green Arrow Up

DJI30 Index at the close --- 35,144.31 +82.76 (+0.24%)

SP500 Index --- 4,422.30 +10.51 (+0.24%)

The DJI opened at 35056, off 6 points and gyrated down, hitting a lo of 34950 at 10:30. It rose to 35100 after 11:30.slid back to 35060 after 12:00, then rose to 36116 after 1:00. It rose above 35130 after 2:30, then went mostly sideways into the close.

This is a clearly up day, with the hi and lo up by 55 and 95 points.

SP500 results were almost identical.

The NASDAQ snaked around neutral and wound up flat.

The Russell 200 had a swayback contour and wound up positive.

In the press of other things, updates will be sketchy this week.

Not an exciting day, despite the new highs, but things are slightly positive, which is a good start to the week. The span was 200.

The SP500 also made new highs today by small margins, as did the NASDAQ. Tjhe Russell also had a clearly up day, but is not near new highs.

Daily changes -
DJI30 +0.24%
SP500 0.24%

NASDAQ +0.03%
Russell +0.33%

NYSE Internals -
A/D = 1867/1450 = 1.29
A/D Vol = 1.41
New Hi/Lo = 123/67 = 1.84

Tuesday, July 27, 2021

DJI30 Index at the close   ---  35,058.52   -85.79 (-0.24%)

SP500 Index   ---   4,401.46   -20.84 (-0.47%)

The DJI opened at 35079, the day's hi, off 65 points. It quickly fell to 34878, the day's lo, off 266.  It rose to 53050 at 11:00 a.m.  and fell to the lo again before 12:30.  It went mostly sideways until 2:00, then rose into the close.  

The other indexes had roughly similar contours, with greater losses.  The NASDAQ and Russell 2000 were off by over 1%.

 No follow through to yesterday's marginal new highs.

Daily changes -

DJI30 -0.24%

SP500 -0.47%

NASDAQ -1.21%

Russell -1.13%

NYSE Internals -

A/D = 1183/2108 = 0.56

A/D Vol = 0.65

New Hi/Lo = 98/65 = 1.51

Wednesday, July 28, 2021

Yellow Arrow Sideways

DJI30 Index at the close   ---   34,930.93 -127.59 (-0.36%)

SP500 Index   ---   4,400.64   -0.82 (-0.02%)

The DJI opened at 35109, up 52 points.  It went down to 34950 after 1:00, up to 35050, off 8, twice, and down again, hitting the lo of 34877, off 181, at 2:00.  It hit 35050 again before 3:00, then plunged into the close.  Perhaps 35050 is a new resistance level.

This is an outside day, by the small margins of 37 points at the hi and only 1.2 at the lo.  The span was 239.  Make of it what you will.

Every index followed its own path today.  The SP500 coiled around neutral and wound up flat.  The NASDAQ was positive all day, gaining 0.70%.  The Russell 2000 was also green all day and gained a percent and a half.

Daily changes -

DJI30 -0.36%

SP500 -0.02%

NASDAQ +0.70%

Russell +1.51%

NYSE Internals -

A/D = 2033/1236 = 1.65

A/D Vol = 2.48

New Hi/Lo = 114/28 = 4.07

Thursday, July 29, 2021

Green Arrow Up

DJI30 Index at the close   ---   35,084.53   +153.60 (+0.44%)

SP500 Index   ---   4,419.15   +18.51 (+0.42%)

The DJI opened at 34986, up 55 points, and the day's lo.  It immediately shot up to 35150, and in15 minutes dropped to 35059.  It then went mostly up, hitting the hi of 35172 before 1:30.  From there it slid 87 points into the close.  This is a clearly up day with the hi and lo higher by 55 and 109 points.  The span was 185.  There was a new intra-day hi, but not a new closing hi

The SP500 had a nearly identical contour and result. It also had a new intra-day hi, but not a new closing hi.

The NASDAQ had a clearly up day, but no new highs.

The Russell 2000 had a higher hi and a flat bottom, ending with a solid gain.  It was the day's winner.

Daily changes -

DJI30 +0.44%

SP500 +0.42%

NASDAQ +0.33%

Russell +0.68%

NYSE Internals -

A/D = 2266/1042 = 2.17

A/D Vol = 2.33

New Hi/Lo = 207/24 = 8.63

Friday, July 30, 2021

Red Arrow Down

DJI30 Index at the close   ---   34,935.47   -149.06 (-0.42%)

SP500 Index   ---   4,395.26   -23.89 (-0.54%)

The DJI opened at 35013, off 71 points.  It fell until 11:00, then was mostly flat-ish, with a downward bias, the rest of the day

It's a clearly down day by 65 points at the top and 115 at the bottom, but is not far from recent all time highs.  The span was 235.  All the indexes were off today – so its a down ending to an up and down week.  The SP500 also had a clearly down not far from recent all time highs.  Same with the NASDAQ, the day's biggest loser.  The Russell 2000 had an inside day, and is well blow its record highs. 

In broad stokes, today pretty much negated yesterday.  Nothing dramatic, but also nothing positive.

Daily changes -

DJI30 0.42%

SP500 -0.54%

NASDAQ -0.71%

Russell -0.62%

NYSE Internals -

A/D = 1406/1920 = 0.73

A/D Vol = 0.40

New Hi/Lo = 196/36 = 5.44