Monday’s Statistics Looked Terrible, Although There Weren’t Many Sellers
It’s one of those days where things looked bad, but the up and down volume statistics were equal.
August Monthly Roundup: Maintaining Our Lead Through the Ups and Downs
We initiated three positions, added to several others, and locked in massive gains along the way.
Monday’s After-Hours Advancers and Decliners
After-Hours % Advancers
After-Hours % Decliners
Position: None
Monday’s Closing Market Stats
Closing Volume
– NYSE volume 8% below its one-month average
– NASDAQ volume 15% below its one-month average
– VIX index: up 3.19% to 14.89
Breadth
S&P 500 Sectors
% Movers
Nasdaq 100 Heat Map
Closing S&P 500 Heat Map
Position: None
Chart of the Day: Arista Networks Continues to Fight
It sure seems a breakout is imminent, but there is solid resistance just above.
These Two IPOs Could Decide the Fate of the Market Rally
So much is now riding on the success of Anthropic and OpenAI going public. That’s making me nervous.
VIDEO: Looming Updates That Could Move 3 Key Positions
The reason why we’re focused on this week’s inflation and wage growth data.
Programming Note
The last three weeks have been filled with far too much trauma and too many deaths.
Unfortunately, I just returned from the vet and this will be the last day of life for my beloved 17-year-old doxie, Ollie.
I have to go back to the vet shortly and put my precious boy down.
I won’t be returning to the office for the balance of the day.
See you all bright and early tomorrow morning.
Position: None
