Wednesday, January 31, 2024

Indices closed down .82% to 2.45%....

 Indices closed @ low of the day on an expected answer to a question to Fed Chief " no rate cut in March "

S&P 500 @ 4845.65, low 4845.15, high 4906.75

RSI @ 57.75

Internals were :

Down volume led by 4.31 to 1 in NYSE & 1.71 to 1 in Nasdaq

Declining stocks led by 2.95 to 1 in NYSE & 2.78 to 1 in Nasdaq

Net new highs were leading by 270 in NYSE & 7 in Nasdaq

VIX UP 7.81% @ 14.35

Oil @ 475.85

Gold @ $2067.40

Canadian $ @ .6611

Portfolio MU CNQ LSPD SHOP BTCC.TO

Todays pullback got lot of froth out of this market which IS a good thing.

BLOG does NOT give buy or sell.

Saleem

2 comments:

Stocks100 said...


Hi Stocktrader,

Sold MU @ $85.10

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with next pick!

Stocktrader