Friday, May 19, 2023

Indices closed down .14% to .33%...

 Indices closed down on non resolution of debt ceiling.

S&P 500 @ 4191.98, low 4180.20, high 4212.91

RSI @ 60.34

CMF @ 0.077

Internals were :

Down volume led by 1.56 to 1 in NYSE & 1.37 to 1 in Nasdaq

Declining stocks led by 1.36 to 1 in NYSE & 1.19 to 1 in Nasdaq

Net new highs were leading by 50 in NYSE & 12 in Nasdaq

VIX UP 4.74% @ 16.81

Oil @ $71.55

Gold @ $1981.60

Canadian $ @ .6488

Stocks which closed green included SNAP

LSPD EXAS MRVL APA NIO MGA GE

AAPL CNQ PINS INTC NEM CIEN

CRWD CVX MCD TWLO TSLA

OXY SLB ORCL CMG IBM....

In my portfolio :

Sold SNAP @ $9.60

Bought AI @ $25.71

Added 25% SHOP @ $60.58 

Here is my portfolio weighting :

SHOP       47.97%

ARKK      36.10%

MGM      10.73%

AI            5.20%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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