Rally day for the indices.
SPY still stuck in a range. Even though,it was a nice day for indices, many stock din’t participate well, specially leader technology names like NFLX, FB, GOOG. This is somehow concerning for the health of the market.
NVDA earning came after hours and so far it is disappointment, might put some pressure on tech. names again. Slim picking for Friday. Trade them if they setup well intraday . We are in middle of slow dead August trading, not much volume or action after couple of hours from open.
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