Wednesday, June 7, 2023

Indices closed mixed....

 Indices closed mixed.

S&P 500 @ 4267.52, low 4263.96, high 4299.19

RSI @ 62.58

CMF @ 0.109

Internals were :

UP volume led by 2.30 to 1 in NYSE & 1.13 to 1 in Nasdaq

Advancing stocks led by 1.58 to 1 in NYSE & 1.27 to 1 in Nasdaq

Net new highs were leading by 198 in NYSE & 94 in Nasdaq

VIX Down .14% @ 13.94

Oil @ $72.53

Gold @ $1958.40

Canadian $ @ .6631

In my portfolio :

Sold 75% AI @ $36.55

Sold SHOP @ $62.00

Added 130% MRVL @ $59.80

Added 200% AI @ $35.55

Bought SHOP @ $60.10

Portfolio ARKK AI BTCC.TO MRVL SHOP 

Stocks which closed green included MRVL

SQ MGM COIN RUN EXAS DAL UAL 

CNX SLB APA LNG CVX NTR MOS

AFRM MGA HOOD GE M SAVE 

ROKU QRVO SWKS SCHW CLF 

PFE INTC NXPI VIEN BA TSLA

HWN WYNN AMAT MS NKE

IBM....

AH Futures Mixed

AH Asian Markets Mixed

AH Oil Down

AH  GOLD UP

About market, TAPE was mixed @ close BUT there was lot of strength in the market, DOW, RUSSELL 2000 & Mid Cap outperformed, internals were positive. Nasdaq was the real weak point today after huge gains. Keep a keen eye on booking profit as we may be entering a volatile few weeks.

BLOG does NOT give buy or sell.

Saleem


1 comment:

stocktrader_1996 said...

Hi Saleem,

Great moves to capture some gains and re-invest at lower prices!

Stocktrader