Monday, June 5, 2023

Indices closed down .09% to .59%....

 Indices closed down.

S&P 500 @ 4273.79, low 4266.82, high 4299.28

RSI @ 64.56

CMF @ 0.122

Internals were :

Down volume led by 1.63 to 1 in NYSE & 1.06 to 1 in Nasdaq

Declining stocks led by 1.72 to 1 in NYSE & 1.51 to 1 in Nasdaq

Net new highs were leading by 94 in NYSE & 52 in Nasdaq

VIX UP .89% @ 14.73

Oil @ $72.15

Gold @ $1974.30

Canadian $ @ .6575

In my portfolio :

Added 40% AI @ $31.20

Added 50% MRVL @ $57.90

Bought BTCC.TO @ $4.98

Portfolio ARKK AI MRVL SHOP BTCC.TO

Stocks which were UP 2% or more included SHOP AI

IONQ SPOT PLTR CCJ DASH PINS SNOW PANW

ZM....

AH Futures Mixed

AH Asian Markets Mixed

AH Oil UP 

AH Gold Down

About market, TAPE closed slightly down after huge UP move in DOW on Friday. Internals were negative. Some stocks did very well in Nasdaq. AAPL reveal had a predictable reaction, UP before Down after. Rotation and new leadership needs to be noted for optimum gains in this market.

BLOG does NOT give buy or sell.

Saleem


1 comment:

Stocks100 said...


Hi Stocktrader,

Added 35% ARKK @ $41.55

Saleem