Thursday, January 25, 2024

Indices closed UP .18% to .71%...NICE !!!

 Indices closed UP with Russell 2000 being the best performer.

S&P 500 @ 4894.16, high 4898.15, low 4869.34

RSI @ 72.93

Internals were :

UP volume led by 3.06 to 1 in NYSE & 2.0 to 1 in Nasdaq

Advancing stocks led by 3.20 to 1 in NYSE & 1.64 to 1 in Nasdaq

Net new highs were leading by 261 in NYSE & 0 in Nasdaq

VIX UP 2.36% @ 13.45

Oil @ $77.36

Gold @ $2017.80

Canadian $ @ .6505

Portfolio MU CNQ LSPD SHOP BTCC.TO

Tonight AH earnings reports are below expectations, INTC may drag all technology stocks to a much needed pullback. Friday with option expiry may exaggerate negativity.

BLOG does NOT give buy or sell.

Saleem

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