Tuesday, July 25, 2023

Indices closed UP .08% to .61%....NICE !!!

 Indices closed UP again even DOW UP 12 days in a row.

S&P 500 @ 4567.46

RSI @ 71.33

Internals were :

Down volume led by 1.11 to 1 in NYSE & 1.20 to 1 in Nasdaq

Declining stocks led by .84 to 1 in NYSE & 1.21 to 1 in Nasdaq

Net new highs were leading by 237 in NYSE & 25 in Nasdaq

VIX Down .36% @ 13.86

Oil @ $79.63

Gold @ $1963.70

Canadian $ @ .6816

In my portfolio :

Sold AI @ $38.57 in pre market plus after open @ $39.80

Added 120% SHOP @ $66.45 in pre market & after open 20% @ $65.26

Portfolio PLTR BTCC SHOP

Fed is expected to raise 25 basis, a market friendly move. Today's internals were negative for the most part NOT a good sign for near term moves.

BLOG does NOT give buy or sell.

Saleem

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