August 31, 2020, 4:37 pm EDT
Mixed Markets
DJIA lost -224 (-0.78%) but Nasdaq gained 80 points (+0.68%) where we can see the mixed market today. Technology stocks TSLA +13%, ZM +9%, AMD +6%, NTAP +4% AAPL +3% and bio-tech ALXN +7%, VRTX, REGN +3% made up relatively strong performance for Nasdaq.
Fewer stocks were able to run further but breadth readings are more bearish because of extended rally for more than the past five months.
It is still a bullish bias unless high volume distribution arrives.
