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To: Return to Sender who wrote (80574)	7/24/2018 5:48:00 PM
From: Return to Sender	2 Recommendations Recommended By Donald Wennerstrom Gottfried Read Replies (1) \| Respond to of 95598

S&P Weathers Intraday Reversal 24-Jul-18 16:25 ET Dow +197.65 at 25241.94, Nasdaq -1.11 at 7840.77, S&P +13.42 at 2820.14 briefing.com [BRIEFING.COM] It was an erratic day of trading on Wall Street, with tech shares being the primary source of volatility. The tech-heavy Nasdaq Composite jumped 1.1% at the start of Tuesday's session, touching a new intraday record, but gave it all back, settling a tick below its flat line. The S&P 500 and the Dow also reversed course intraday, but managed to tack on 0.5% and 0.8%, respectively, nonetheless. Small caps struggled, pushing the Russell 2000 lower by 1.1%. Investor sentiment was unmistakably bullish at the opening bell after Google's parent company Alphabet (GOOG 1248.08, +42.58) soundly beat profit estimates for the second quarter. Shares of the tech giant quickly shot up 5.0%, helping to send the top-weighted technology sector to the top of the sector standings in the process. The tech group was up as much as 1.5% on Tuesday, but started to fade as Alphabet came off its highs and as chipmakers tumbled into negative territory. Alphabet still settled with a solid gain of 3.5%, but the Philadelphia Semiconductor Index lost 1.1% after being up as much as 1.2%. There wasn't a news-driven catalyst behind Tuesday's tech reversal; rather, it was most likely driven by profit-taking activity amid the technology sector's continued outperformance. The tech space is up 16.6% year-to-date, piling that on top of last year's 36.9% surge. Including technology, nine sectors advanced on Tuesday. The top-performer was the lightly-weighted telecom services space (+1.8%), followed by energy (+1.3%) and materials (+1.3%). Most other groups finished with gains between 0.2% and 0.9%. Consumer discretionary (-0.3%) and real estate (-0.3%) declined. In addition to Alphabet, a number of companies reported their quarterly results. The reactions were mostly positive: Verizon (VZ 51.51, +0.76, +1.5%), United Tech (UTX 134.24, +4.87, +3.8%), 3M (MMM 200.68, +1.84, +0.9%), Lockheed Martin (LMT 322.57, +4.24, +1.3%), Eli Lilly (LLY 93.35, +4.47, +5.0%), Biogen (BIIB 372.84, +14.71, +4.1%), and Harley-Davidson (HOG 44.63, +3.18, +7.7%) all advanced, while Whirlpool (WHR 128.82, -21.89, -14.5% ) and JetBlue (JBLU 17.79, -2.02, -10.2%) dropped. Elsewhere, U.S. Treasuries finished Tuesday on a mostly higher note, pushing yields lower; the yield on the benchmark 10-yr note slipped two basis points to 2.95%. The 2-yr note was lower for much of the session, but eventually rebounded to keep its yield unchanged at 2.62%. Meanwhile, the U.S. Dollar Index finished flat at 94.38. Reviewing Tuesday's economic data, which was limited to the FHFA Housing Price Index for May: The FHFA Housing Price Index rose 0.2% in May (Briefing.com consensus +0.4%), and the April increase was revised to 0.2% from 0.1%. Looking ahead, investors will receive New Home Sales for June and the weekly MBA Mortgage Applications Index on Wednesday. Nasdaq Composite +13.6% YTD Russell 2000 +9.4% YTD S&P 500 +5.5% YTD Dow Jones Industrial Average +2.1% YTD

To: Return to Sender who wrote (80574)

7/24/2018 10:52:08 PM

From: Return to Sender

1 Recommendation

Recommended By
Gottfried

Read Replies (3) | Respond to of 95598

54% Upside Volume on the NYSE - 67% Downside Volume on the NASDAQ:

wsj.com

Tuesday, July 24, 2018
Notice to readers: As of 3/3/11, Closing ARMS Index (TRIN) calculation is based on composite data. Click here for historical data prior to 3/3/11.

NYSE	Latest close	Previous close	Week ago
Issues traded	3,078	3,080	3,067
Advances	1,344	1,258	1,693
Declines	1,609	1,682	1,249
Unchanged	125	140	125
New highs	96	77	67
New lows	40	34	26
Adv. volume*	428,090,595	304,020,853	418,281,951
Decl. volume*	328,952,175	345,594,553	270,260,184
Total volume*	778,906,688	667,576,132	706,054,900
Closing tick	-69	+202	+5
Closing Arms (TRIN)†	0.67	0.80	0.93
Block trades*	6,167	5,688	6,261
Adv. volume	1,819,488,178	1,355,701,958	1,749,465,904
Decl. volume	1,468,725,123	1,443,949,154	1,202,664,394
Total volume	3,388,117,573	2,864,514,467	3,026,795,918
Nasdaq	Latest close	Previous close	Week ago
Issues traded	3,125	3,103	3,108
Advances	967	1,433	1,717
Declines	2,009	1,518	1,246
Unchanged	149	152	145
New highs	143	117	98
New lows	60	56	55
Closing tick	-214	+500	+275
Closing Arms (TRIN)†	1.01	0.90	0.77
Block trades	8,001	6,533	6,911
Adv. volume	636,505,827	820,516,157	1,086,375,479
Decl. volume	1,334,801,941	785,301,455	610,605,130
Total volume	1,996,953,692	1,632,023,493	1,722,338,874
NYSE American	Latest close	Previous close	Week ago
Issues traded	317	315	316
Advances	120	123	153
Declines	172	177	138
Unchanged	25	15	25
New highs	3	6	2
New lows	10	9	11
Adv. volume*	3,887,252	4,005,012	8,837,849
Decl. volume*	8,180,994	6,803,656	4,752,174
Total volume*	12,224,842	11,029,893	14,218,058
Closing tick	-39	+31	-2
Closing Arms (TRIN)†	1.65	1.12	0.52
Block trades*	127	119	87
Adv. volume	36,310,847	38,995,989	104,617,915
Decl. volume	85,978,505	62,821,892	48,830,793
Total volume	125,844,623	103,423,126	156,434,306
NYSE Arca	Latest close	Previous close	Week ago
Issues traded	1,350	1,323	1,322
Advances	856	531	852
Declines	460	764	437
Unchanged	34	28	33
New highs	61	11	44
New lows	14	14	37
Adv. volume*	189,873,188	58,143,189	138,275,580
Decl. volume*	55,245,353	127,974,846	84,661,153
Total volume*	252,597,261	193,430,668	228,813,223
Closing tick	+4	Ge0eral	+12
Closing Arms (TRIN)†	0.63	1.16	1.30
Block trades*	1,473	1,402	1,619
Adv. volume	737,492,290	296,044,301	589,301,609
Decl. volume	250,546,053	495,308,592	393,593,324
Total volume	1,012,185,032	822,719,478	1,016,125,423

*Primary market NYSE, NYSE American or NYSE Arca only. †Compares the ratio of advancing to declining issues with the ratio of volume of shares rising and falling. Arms Index or TRIN = (advancing issues / declining issues) / (composite volume of advancing issues / composite volume of declining issues.) Generally, an Arms of less than 1.00 indicates buying demand; above 1.00 indicates selling pressure.

RtS