Thursday, June 8, 2023

Indices closed UP .50% to 1.02%...NICE !!!

 Indices closed UP.

S&P 500 @ 4293.93, high 4298.01, low 4261.07

RSI @ 65.29

CMF @ 0.124

Internals were :

UP volume led by .97 to 1 in NYSE & 1.58 to 1 in Nasdaq

Advancing stocks led by 1.16 to 1 in NYSE & 1.02 to 1 in Nasdaq

Net new highs were leading by 100 in NYSE & 23 in Nasdaq

VIX Down 2.08% @ 13.65

Oil @ $71.29

Gold @ $1978.60

Canadian $ @ .6615

Portfolio ARKK AI BTCC.TO MRVL SHOP

Stocks which closed green included ARKK MRVL

IONQ RIOT COIN EXAS DAL PLTR PDD CNX

CCJ AAPL ROKU QCOM DKNG SNOW INTC

PANW DOCU CRWD UBER DDOG ELF AEM

BYND NVDA AMD MCD TSLA AMZN NFLX

LNG BABA BROS ORCL ULTA LRCX....

AH Futures Down

AH Asian Markets UP

AH Oil Down

AH  Gold UP

About market, TAPE closed higher near high of the day, Nasdaq back in bull mode. Internals were mostly positive. VIX may be heading to 10 area. Very good environment for daytrading or max swing trading.

BLOG does NOT give buy or sell.

Saleem

3 comments:

Stocks100 said...


Hi Stocktrader,

Sold ARKK @ $42.85

Sold AI @ $36.90

Saleem

stocktrader_1996 said...

Hi Saleem,

Thinking along the same lines:

Sold AI @ 36.80 to take profits
Sold SYM @ 42.62 to take profits

Bought double weight TNA @ 34.60 to take advantage of rotation and breakout

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with TNA....like this one for sure

Saleem