Friday, January 19, 2024

Indices closed UP 1.05% to 1.70% ....NICE !!!!

 Indices closed not only near high of the day BUT @ record high starting a new bull market, all this despite higher yield which IS suppose to be negative for technology .....

S&P 500 @ 4839.81, high 4842.07, low 4785.87

RSI @ 67.80

Internals were :

UP volume led by 2.53 to 1 in NYSE & 2.50 to 1 in Nasdaq

Advancing stocks led by 2.27 to 1 in NYSE & 1.58 to 1 in Nasdaq

Net new highs were leading by 201 in NYSE & lows by 31 in Nasdaq

VIX Down 5.87% @ 13.30

Oil @ $73.25

Gold @ $2029.30

Canadian $ @ .6570

Here is my portfolio weighting :

CNQ         53.77%

MU           31.15%

LSPD       11.81%

BTCC.TO 3.27%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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