Friday, December 8, 2023

Indices closed UP .36% to .67%...NICE !!!

 Indices closed near high of the day despite hotter than jobs report & higher treasury yields. In bull market " all is well by close "

S&P 500 @ 4604.37, high 4609.23, low 4574.06

RSI @ 69.29

Internals were :

UP volume led by 2.07 to 1 in NYSE & .92 to 1 in Nasdaq

Advancing stocks led by 1.35 to 1 in NYSE & 1.25 to 1 in Nasdaq

Net new highs were leading by 209 in NYSE & 38 in Nasdaq

VIX Down 5.44% @ 12.35

Oil @ $71.23

Gold @ $2014.50

Canadian $ @ .6398

Here is my portfolio weighting :

CNQ         22.52%

GDXJ       18.41%

MSFT      13.51%

NVDA     10.63%

SHOP     10.48%

META     7.44%

LSPD     7.38%

ABX       6.07%

SOFI     2.05%

MUX     1.51%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem


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