Sluggish and choppy conditions prevail while the market moves at a snail’s pace during this typical summer slowdown, however the leading indexes continue to reach new all-time highs which is positive behavior. There are several stocks working well albeit at a slower pace but the market breadth continues to show most stocks are lagging on this move which is why I am still holding a large cash position right now.

Let's start tonight’s charts with two leading indexes.

Now let’s review some leading stocks.

Finally let’s review a few vaccine stocks that have been resting this week.

I look forward to seeing you back here on Sunday night for an update on our stocks.

Daniel J. Zanger