Thursday, July 13, 2023

Indices closed UP .14% to 1.58%...NICE !!!!

 Indices are strong and closed well above resistance in S&P 500 & Nasdaq

S&P 500 @ 4510.04

Nasdaq @ 14,138.57

DOW @ 34,395.14

IWM @ 193.43

VIX @ 13.61

Internals were :

UP volume led by 2.65 to 1 in NYSE & 2.82 to 1 in Nasdaq

Advancing stocks led by 2.90 to 1 in NYSE & 1.90 to 1 in Nasdaq

Net new highs 393 in NYSE & 227 in Nasdaq

Oil @ $76.86

Gold @ $1963.80

Canadian $ @ .6868

In my portfolio Bought AMD @ $22.22...Canadian version 

Portfolio AMD AI TSLL PLTR BTCC SHOP

Market is in overdrive , pay close attention to RSI in buying & selling decision. Nasdaq RSI @ 72.42 is flashing CAUTION while DOW @ 59.20 is more than OK. S&P 500 RSI @ 70.72 needs monitoring also.

BLOG does NOT give buy or sell.

Saleem

2 comments:

Stocks100 said...


Hi Stocktrader,

Sold SHOP @ $68.88

Sold PLTR @ $16.45

Saleem

stocktrader_1996 said...

Hi Saleem,

Good idea to take profits!

Bought FNKO @ 8.29 on "only up from here" thesis as they look for a new CEO

Stocktrader