Friday, April 28, 2023

Indices closed UP .69% to .83%...NICE !!!

 Indices closed @ high of the day and confirmed this uptrend. Indices closed above September highs in S&P 500, a major technical accomplishment.

S&P 500 @ 4169.48, high 4170.06, low 4127.18

RSI @ 61.10

CMF @ 0.284

Internals were :

UP volume led by 3.04 to 1 in NYSE & 2.65 to 1 in Nasdaq

Advancing stocks led by 3.00 to 1 in NYSE & 1.88 to 1 in Nasdaq

Net new highs were leading by 61 in NYSE & lows by 85 in Nasdaq

VIX Down 7.34% @ 15.78 closing @ new 52 week low...low of the day was 15.72

Oil @ $76.78

Gold @ $1999.10

Canadian $ @ .6443

Stocks which closed UP 1% or more included AI SHOP

SPOT MGM MRVL JD PDD JKS UAL APA PYPL 

MU CCJ QCOM CNQ AAL MSTR DASH AMD

DKNG INTC MTCH UBER KBH TSLA SLB

WYNN LVS SWKS CMG V LRCX ....

In my portfolio Bought SNAP @ $8.60

Here is my portfolio weighting :

SHOP      45.72%

ARKK     41.72%

SQ            5.88%

SNAP      3.37%

AI           3.31%

Next post by 6 PM on Sunday

BLOG does NOT give buy or sell.

Saleem

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