Tuesday, December 26, 2023

Indices closed UP .42% to 1.24%...NICE !!!

 Indices keep making new highs & Russell 2000 was the strongest.

S&P 500 @ 4774.75, high 4784.72, low 4758.45

RSI @ 72.70

Internals were :

UP volume led by 3.87 to 1 in NYSE & 5.27 to 1 in Nasdaq

Advancing stocks led by 3.31 to 1 in NYSE & 2.25 to 1 in Nasdaq

Net new highs were leading by 494 in NYSE & 298 in Nasdaq

VIX Down .31% @ 12.99

Oil @ $75.24

Gold @ $2074.10

Canadian $ @ .6800

In my portfolio Bought RIOT @ $17.00

Portfolio CNQ LSPD RIOT SOFI GDXJ ABX.TO META MSFT NVDA MUX

Internals were strong & new all time highs being made almost daily, message of the market has been loud & clear for almost 2 months.

BLOG does NOT give buy or sell.

Saleem

13 comments:


  1. Hi Stocktrader,

    Sold SOFI @ $10.25

    Saleem

    ReplyDelete
  2. Hi Saleem,

    Good luck with next pick!

    Stocktrader

    ReplyDelete

  3. Hi Stocktrader,

    Sold GDXJ @ $39.60

    Saleem

    ReplyDelete
  4. Hi Saleem,

    Nice profits! Good luck with next :)

    Stocktrader

    ReplyDelete
  5. Hi Saleem,

    Trimmed my overweight in LYFT @ 15.33 as I find more diverse ideas

    Bought ULTA @ 478.96 on skincare conscious teens

    Stocktrader

    ReplyDelete

  6. Hi Stocktrader,

    Sold CNQ @ $66.60

    Saleem

    ReplyDelete

  7. Hi Stocktrader,

    Good luck with ULTA...beauty is NEVER out of style...

    Saleem

    ReplyDelete

  8. Hi Stocktrader,

    Sold META in Toronto @ $20.13

    Sold LSPD @ $20.51

    Saleem

    ReplyDelete
  9. Hi Saleem,

    Good luck with fresh cash and next deployments - been great runs!

    Trimmed SOXS @ 5.66

    Bought SNAP @ 16.85 for reasons mentioned prior (low market cap/active user compared to peers leaving much room for monetization still)

    Stocktrader

    ReplyDelete

  10. Hi Stocktrader,

    Good luck with much awaited SNAP....

    Saleem

    ReplyDelete

  11. Hi Stocktrader,

    Sold MUX in Toronto @ $10.24

    Saleem

    ReplyDelete
  12. Hi Saleem,

    Good luck with all the cash and new ideas coming for the new year!

    Stocktrader

    ReplyDelete

  13. Hi Stocktrader,

    Thanks for your ongoing feedback & trading thesis which IS ALWAYS a great insight into your deep fundamental & technical take.

    2023 was a great year....

    2024 could be a huge challenge as many things are priced in based on last 8 weeks of straight UP momentum....

    Time to go back to my read on many fronts.....

    Wish me luck !

    Saleem

    ReplyDelete