Friday, November 17, 2023

Indices closed UP .02% to 1.35%...NICE!!!

 Indices closed in green but shining star was Russell 2000 which outran all the Indices.

S&P 500 @ 4514.02, high 4520.12, low 4499.66

RSI @ 69.10

Internals were :

UP Volume led by 2.97 to 1 in NYSE & 3.12  to 1 in Nasdaq

Advancing stocks led by 2.65 to 1 in NYSE & 2.11 to 1 in Nasdaq

Net new highs were leading by 98 in NYSE & lows by 31 in Nasdaq

VIX Down 3.63% @ 13.80

Oil @ $75.89

Gold @ $1984.60

Canadian $ @ .6254

In my portfolio :

Sold SHOP @ $$68.50

Sold PLTR @ $20.36

Added AI @ $29.52 & $29.15..Total add on 100%

Added 125% SNAP @ $11.90

Here is my portfolio weighting :

AI          33.95%

LYFT     20.84%

NVDA   15.23%

MSFT   12.00%

SNAP    9.18%

META    8.80%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem


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