Monday, December 11, 2023

Indices closed UP .11% to .43%...NICE !!!

 Indices kept marching to its own drum, closing @ record high levels.

S&P 500 @ 4622.44, high 4623.71, low 4593.39

RSI @ 71.16

Internals were :

UP volume led by 1.31 to 1 in NYSE & .67 to 1 in Nasdaq

Advancing stocks led by 1.16 to 1 in NYSE & .85 to 1 in Nasdaq

Net new highs were leading by 228 in NYSE & 62 in Nasdaq

VIX UP 2.27% @ 12.63

Oil @ $71.32

Gold @ $1993.70

Canadian $ @ .6426

Portfolio ABX CNQ GDXJ LSPD MUX META MSFT NVDA SHOP SOFI

Indices opened lower but close @ high of the day, cannot give more bullish signal.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Sold TNA @ 32.53 to take profits

Ahead of the Fed tomorrow, and after a great run, this 3x leveraged instrument that has natural decay has fulfilled its usefulness for me. I will probably use the cash to pick individual investments going forward.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Great trade on TNA $$$$$

Good luck with new trades !!!

Saleem