Indices closed UP on its own momentum.
S&P 500 @ 4954.23, high 4957.77, low 4934.88
RSI @ 67.21
Internals were :
UP volume led by 2.90 to 1 in NYSE & 2.29 to 1 in Nasdaq
Advancing stocks led by 2.63 to 1 in NYSE & 1.84 to 1 in Nasdaq
Net new highs were leading by 126 in NYSE & lows by 12 in Nasdaq
VIX Down 4.46% @ 13.06
Oil @ $73.31
Gold @ $2051.40
Canadian $ @ .6496
In my portfolio :
Sold CNQ @ $81.30 on Toronto
Bought META @ $25.62 in Toronto
Portfolio GOOG, LSPD MSFT SHOP BTCC.TO META
Internals were positive & RUSSELL 2000 was the-best performer.
BLOG does NOT give buy or sell.
Saleem
ReplyDeleteHi stocktrader,
Bought AMD in Toronto @ $32.70
Saleem
Hi Saleem,
ReplyDeleteWelcome to AI world. You seems to bet heavily on AI stocks except NVDA. What is your take on NVDA?
Michael
ReplyDeleteHi Michael,
I do monitor RSI closely no matter how bullish I am in any sector.
Today RSI based relative value was in AMD thus my buy....
NVDA is a great stock even NOW.....
Based on my work AMD has equal or much more UPSIDE......
My 2 cents.....
Saleem
Hi Saleem,
ReplyDeleteThanks for your 2 cents...I have been holding a small portion of NVDA for awhile. I bought some AMD yesterday and I just wondered if it is the time to cash out NVDA or not.
On the site note. I am also bullish on AI. I got most of your stocks: GOOG, MSFT, AMD and META.
Michael
Hi Saleem,
ReplyDeleteGood luck with AMD pickup!
Hi Michael,
Your portfolio has been doing very well this year - congrats!! :)
Stocktrader
ReplyDeleteHi Michael,
AI is here to change many things, some are calling " biggest innovation since railroad "
Before it was technology dictating everything
NOW
Technology serving user....what a concept....
YES stay until several split....its a long long way from selling....more buying in AI is more like IT.....
Remember when successful traders had license plates written " DELL " after PC revolution.....
Get your "AI " plate .....
Good luck with your " AI POWER portfolio....
Saleem