Friday, June 2, 2023

Indices closed UP 1.07% to 2.12%...NICE !!!!

 Indices closed UP near high of the day on upbeat jobs report. Nasdaq @ 13 months high. DOW & Russell 2000 cleared major technical resistance.

S&P 500 @ 4282.37, high 4290.67, low 4241.01

RSI @ 66.00

CMF @ 0.179

Internals were :

UP volume led by 6.23 to 1 in NYSE & 3.34 to 1 in Nasdaq

Advancing stocks led by 4.75 to 1 in NYSE & 2.73 to 1 in Nasdaq

Net new highs were leading by 139 in NYSE & 76 in Nasdaq

VIX Down 6.71% @ 14.60

Oil @ $71.74

Gold @ $1969.60

Canadian $ @ .6556

Stocks which were UP 1% or more included ARKK

BIDU MGM COIN RUN LULU JD UAL APA

AFRM MGA TECK M X BYD RCL WYNN

FCX CLF SNOW PENN DDOG CVX EAT

NKE TSLA JWN OXY SLB SQ ROKU LNG 

LVS RH MS ULTA....

Here is my portfolio weighting :

SHOP     52.65%

ARKK    23.16%

AI         15.84%

MRVL   8.35%

Next post by 6 PM on Sunday

BLOG does NOT give buy or sell.

Saleem

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