[Video] Gold Defies USD, FTSE Holds 7k, Darden (DRI) On the Menu

Despite the stronger dollar, gold held its own and rose above a key support level to suggest near-term strength could be on the cards.

Charts (2)

 


We take another look at the FTSE 100 which hit our near-term bearish target yesterday, then highlight a key range for intraday traders (and EOD traders) to monitor. We also look at a US listed stock, Darden Restaurants (DRI) which suggests it could be close to breaking out.


S&P 500: Market Internals


S&P 500: 4297.5 (0.13%), 30 July 2021

  • Energy (1.3%) was the strongest sector and Real Estate (-0.75%) was the weakest
  • 6 out of the 11 S&P 500 sectors closed higher
  • 5 out of the 11 sectors outperformed the S&P 500
  • 294 (58.22%) stocks advanced and 208 (41.19%) declined
  • 89.7% of stocks closed above their 200-day average
  • 47.92% of stocks closed above their 50-day average
  • 45.94% of stocks closed above their 20-day average

Outperformers:

  • + 7.25%   -  Cabot Oil & Gas Corp  (COG.N) 
  • + 4.93%   -  Advanced Micro Devices Inc  (AMD.OQ) 
  • + 4.59%   -  CF Industries Holdings Inc  (CF.N) 

Underperformers:

  • -3.1%   -  Hologic Inc  (HOLX.OQ) 
  • -2.8%   -  Paycom Software Inc  (PAYC.N) 
  • -2.3%   -  W W Grainger Inc  (GWW.N) 

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