Friday, June 16, 2023

Indices closed down .32% to .73%...

 Indices closed down @ lows of the day after being deeply overbought.

Here is the RSI read :

Nasdaq   73.29

S&P 500 72.92

DOW      62.66

IWM      60.20

In my portfolio :

Sold 65% AI in pre market @ $47.50

Sold 35% AI @ open @ $48.64

Bought MRVL in pre market @ $63.30

Added 25% SHOP.TO @ $86.97

Here is my portfolio weighting :

SHOP     43.45%

MRVL    39.38%

RIOT     10.33%

NIO         3.53%

ARKK     2.78%

BTCC.TO .53%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Amazing trades on AI again! I was out all day at a sports tournament.

Enjoy the long weekend off from trading :)

Stocktrader

Stocks100 said...


Hi Stocktrader,

Am glad you enjoyed sports activity.

Canadian markets are open on Monday, many popular US stocks are traded in Toronto @ different ratios...NOT $ for $.....I already have ARKK.TO Canadian version trades @ $17.10 last trade.

NVDA also trades in Toronto @ $40.85...1/10 value....I think...

Intend to rejig my portfolio on Monday to make it less concentrated going forward.....

Doing lot of research since yesterday....

Enjoy your long weekend....

Saleem