Wednesday, December 6, 2023

Indices closed down .19% to .58%...

 Indices reverses lower by close. Internals were mixed.

S&P 500 @ 4549.34, low 4546.50, high 4590.74

RSI @ 62.81

Internals were :

UP volume led by .86 to 1 in NYSE & 1.34 to 1 in Nasdaq

Advancing stocks led by 1.01 to 1 in NYSE & .92 to 1 in Nasdaq

Net new highs were leading by 179 in NYSE & 31 in Nasdaq

VIX UP .93% @ 12.97

Oil @ $69.38

Gold @ $2045.50

Canadian $ @ .6415

In my portfolio :

Sold PLTR @ $17.35

Added 20% AI @ $29.50

Sold LSPD @ $22.76 in Toronto

Bought LSPD @$22.62 in Toronto

Bought SHOP @$97.10 in Toronto

Portfolio AI CNQ META MSFT NVDA SOFI GDXJ LSPD SHOP

Market is very jittery and unpredictable to news or events these days. I may reposition my portfolio for next year based on what I feel is happening. AI earnings report was a mixed bag beat on EPS by 5 cents but missed revenue by $1.1 million, guiding lower than consensus.

BLOG does NOT give buy or sell.

Saleem

6 comments:

Stocks100 said...


Hi Stocktrader,

Lots of trades since pre market.....

Sold AI @ $27.00.....

Bought ABX @ $23.40 in Toronto
Added 100% MSFT @ $27.30 in Toronto
Bought LSPD @ $16.48
Added 100% GDXJ @ $37.21
Added 100% CNQ @ $61.99

Saleem

stocktrader_1996 said...

Hi Saleem,

Wow, yes!

Good luck with next picks. What % exposure are you now?

Stocktrader

Stocks100 said...


Hi Stocktrader,

I have 11 stocks now in my portfolio...highest since Dot Com days

150% from my recent $ allocation....

Saleem

Stocks100 said...


Hi Stocktrader,

Also bought MUX in Toronto @ $9.96

Saleem

Stock Rookie said...

Good luck with all the new picks Saleem!

Stocks100 said...


Hi Stock Rookie,

Thanks for your feedback, much appreciated!!!

Saleem