DOW spoiled the selling frenzy by closing green. Nasdaq was on selling spree BUT still closed above low of the day.
S&P 500 @ 4742.83, low 4722.67, high 4754.33
RSI @ 64.08
Internals were :
Down volume led by 1.09 to 1 in NYSE & 1.52 to 1 in Nasdaq
Declining stocks led by 1.41 to 1 in NYSE & 1.32 to 1 in Nasdaq
Net new highs were leading by 97 in NYSE & 43 in Nasdaq
VIX UP 6.02% @ 13.20
Oil @ $70.38
Gold @ $2073.40
Canadian $ @ .6684
In my portfolio :
Bought
CNQ.TO @ $87.50
LSPD.TO @ $26.08
SHOP.TO @ $98.25
SNAP @ $15.98
Here is my portfolio weighting :
CNQ 44.56%
MSFT 12.57%
SHOP 11.84%
SNAP 10.39%
NVDA 10.12%
ABX.TO 6.06%
RIOT 2.61%
LSPD 1.85%
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Happy New Year! It was a stella performance last year for you and stocktrader. I believe this is the best blog for traders. Thanks for your guidance with detail analysis of the markets. The markets changed rapidly and it is not easy to follow or make $$$ without guidance. Wishing us another excellent performance in 2024.
Michael
Hi Michael,
Nice to see your message.
Thanks for your appreciative note which is the purpose of this BLOG, analyze constantly changing trading environment.
Looking forward to 2024 with all its challenges which IS no different than any other year.
Good luck to your strategy $$$
Saleem
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