FTSE breaks out, STOXX 600 Hits Record High (TGT)

 






As for yesterday’s video, gold continued higher and is now probing 1834 resistance whilst USD/CHF reached our first bearish target. Given the potential for the dollar to continue in its current direction, the bias remains for gold and USD/CHF to extend their moves.  

S&P 500: Market Internals

S&P 500: 4419.15 (0.42%), 29 July 2021

  • Materials (1.08%) was the strongest sector and Communication Services (-0.915%) was the weakest
  • 9 out of the 11 S&P 500 sectors closed higher
  • 7 out of the 11 sectors outperformed the S&P 500
  • 389 (77.03%) stocks advanced and 114 (22.57%) declined
  • 88.71% of stocks closed above their 200-day average
  • 58.42% of stocks closed above their 50-day average
  • 70.1% of stocks closed above their 20-day average

Outperformers:

  • + 8.86%   -  Align Technology Inc  (ALGN.OQ) 
  • + 6.29%   -  Xilinx Inc  (XLNX.OQ) 
  • + 6.28%   -  Yum! Brands Inc  (YUM.N) 

Underperformers:

  • -13.7%   -  Citrix Systems Inc  (CTXS.OQ) 
  • -8.41%   -  PTC Inc  (PTC.OQ) 
  • -6.23%   -  PayPal Holdings Inc  (PYPL.OQ) 


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