NASDAQ retests high as others’ momentum wanes
Jul 23, 2021
The NASDAQ pushed to retest its recent high while other stock indexes saw their momentum sputter.
S&P 500
SPY (standard ETF) rose 0.21% and remains slightly positive above $432.35. Investors could wait for this volatility to run its course.
SH (inverse ETF) slipped 0.20% and remains slightly negative below $15.20. Investors could continue to buy near neutral with a stop loss at $15.05.
Gold is reapproaching neutral after a small gain on Thursday.
Gold
GLD (standard ETF) regained 0.20% and turned back to yellow. It’s now right at neutral and would turn positive above $169.15. Investors could continue to buy near neutral with a stop loss at $167.50.
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