Indices rocketed UP to higher highs and closing @ high of the day. Internals were positive. Inflation seems to be coming down thus a strong reaction.
S&P 500 @ 4109.31, high 4110.75, low 4056.18
RSI @ 62.83
CMF @ 0.112
Internals were :
UP volume led by 5.32 to 1 in NYSE & 3.34 to 1 in Nasdaq
Advancing stocks led by 4.78 to 1 in NYSE & 2.42 to 1 in Nasdaq
Net new highs were leading by 56 in NYSE & lows by 49 in Nasdaq
VIX Down 1.68% @ 18.70
Oil @ $75.67
Gold @ $1986.20
Canadian $ @ .6472
Stocks which were UP 3% or more included ARKK SHOP
AI LSPD COIN RUN SPWR GOOS RBLX HST AFRM
ROKU PINS SNOW PANW DOCU CRWD ESTC
DDOG ELF TWLO TSLA SPLK RIOT JWN
LVS M MSTR....
In my portfolio Sold 10% SHOP.TO @ $65.00
Here is my portfolio weighting based on 70% exposure :
SHOP 50.24%
ARKK 49.76%
Next post by 6 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Indexes are overbought...?
Hi Raja,
YES...we are in overbought level @ close...
Couple of days to digest...then back to more upside...
Thanks for your take....
Saleem
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