July 29, 2021, 1:24 pm EDT
There are multiple breakouts that contribute DJIA 200+ points advance.
- Semiconductor: QCOM, AMD, XLNX
- Hotel: HLT, MAR
- Restaurant: YUM
- Home Builder: PHM, LEN
Please check out charts for the above stocks where we can see clearly they are breaking out from a base or consolidation.
It could mean another uptrend rally may start. It is time to update the watchlist and look for potential candidates for the portfolio.