Thursday, September 14, 2023

Indices closed UP .81% to 1.39%....NICE !!!!

 Indices closed near high of the day despite another mixed inflation data.

S&P 500 @ 4505.10, high 4511.99, low 4478.69

RSI @ 56.10

Internals were :

UP volume led by 4.55 to 1 in NYSE & 1.74 to 1 in Nasdaq

Advancing stocks led by 3.53 to 1 in NYSE & 2.06 to 1 in Nasdaq

net new highs were leading by 31 in NYSE & lows by 131 in Nasdaq

VIX down 4.9% @ 12.82

Oil @ $90.16

Gold @ $1932.80

Canadian $ @ .6483

Portfolio AI META NVDA SHOP TSLA BTCC

DOW, S&P 500 & Nasdaq all closed above 50 DMA after testing this support area for several weeks. Internals were strong which IS a major change.

BLOG does NOT give buy or sell.

Saleem

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