Friday, November 3, 2023

Indices closed UP .66% to 2.71%...NICE !!!!

 Indices closed higher again, notching the best week of 2023.S&P 500, Nasdaq, DOW , SOX & XHM all closed above 50 DMA.

S&P 500 @ 4358.34, high 4373.62, low 4334.23

RSI @ 58.09

Internals were :

UP volume led by 4.52 to 1 in NYSE & 3.36 to 1 in Nasdaq

Advancing stocks led by 5.55 to 1 in NYSE & 3.53 to 1 in Nasdaq

Net new highs were leading by 92 in NYSE & lows by 32 in Nasdaq

VIX Down 4.79% @ 14.91

Oil @ $80.51

Gold @ $1999.20

Canadian $ @ .6326

In my portfolio...Bought SNAP @ $10.70

Here is my portfolio weighting :

SHOP       16.31%

AI             15.57%

NVDA      14.00%

PLTR      11.76%

MSFT     11.53%

TSLA      10.78%

LYFT       8.70%

META      7.59%

SNAP       3.76%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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