Tuesday, June 6, 2023

Indices closed UP .03% to .36%...NICE !!!!

 Indices closed UP.

S&P 500 @ 4283.85, high 4288.33, low 4263.09

RSI @ 65.51

CMF @ 0.127

Internals were :

UP volume led by 4.20 to 1 in NYSE & 2.71 to 1 in Nasdaq

Advancing stocks led by 3.47 to 1 in NYSE & 2.53 to 1 in Nasdaq

Net new highs were leading by 126 in NYSE & 48 in Nasdaq

VIX Down 5.23% @ 13.96

Oil @ $71.74

Gold @ $1981.50

Canadian $ @ .6592

In my portfolio .... added 35% ARKK @ $41.55

Portfolio ARKK AI BTCC.TO MRVL SHOP 

Stocks which were UP 3% or more included AI BTCC.TO SHOP

BIDU LSPD RUN JD PDD NCLH MGA TECK M X ROKU

RCL QCOM MSTR DASH AMD DKNG TOL DHI JWN

TWLO SQ RH OSTK....

AH Futures UP

AH Asian Markets UP

AH Oil UP 

AH Gold Down

About market, TAPE closed green with many stocks getting huge UP move. Internals were strong. Russell 2000 stole the show today with best % gain even Mid Cap was stronger, this proves that market is broadening out. VIX is getting very scary, too low, as IF its telling market is getting overbought, try to lock profit in this euphoria.

BLOG does NOT give buy or sell.

Saleem


4 comments:

Stocks100 said...


Hi Stocktrader,

Sold 75% AI @ $36.55
Sold SHOP @ $62.00

Saleem

Stocks100 said...


Hi Stocktrader,

Added 130% MRVL @ $59.80

Saleem

Stocks100 said...


Hi Stocktrader,

Added 200% AI @ $35.55

Saleem

Stocks100 said...


Hi Stocktrader,

Bought SHOP @ $60.10

Saleem