Thursday, December 14, 2023

Indices closed UP .19% to 2.72%...NICE !!!

 Indices closed UP again in new record territory.

S&P 500 @ 4719.55, high 4738.57, low 4694.34

RSI @ 79.05

Internals were :

UP volume led by 4.28 to 1 in NYSE & 3.17 to 1 in Nasdaq

Advancing stocks led by 4.48 to 1 in NYSE & 2.44 to 1 in Nasdaq

Net new highs were leading by 803 in NYSE & 386 in Nasdaq

VIX UP 2.38% @ 12.48

Oil @ $71.58

Gold @ $2044.90

Canadian $ @ .6590

In my portfolio Sold SHOP @ $103.00 in Toronto

Portfolio CNQ LSPD SOFI GDXJ ABX META MSFT NVDA MUX

Internals were the strongest & Russell 2000 was the mega star today again with 2.72% gain....

BLOG does NOT give buy or sell.

Saleem

5 comments:

Stocks100 said...


Hi Stocktrader,

Added 40% CNQ in Toronto @ $85.22

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with more CNQ!

Bought 2x SOXS @ 6.04

I think the industry is susceptible to double ordering and over-capacity and should be a decent hedge for any positions I add from here.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Good luck with SOXS....

Saleem

Stocks100 said...


Hi Stocktrader,

Added another 40% CNQ @ $62.88 in NYSE....

Saleem

stocktrader_1996 said...

HI Saleem,

Good luck with another batch of CNQ!

It seems to me if economy activity will hold or pick up from here, energy companies should do well.

Stocktrader