Indices closed near high of the day & in record high territory, only Nasdaq missing all time highest close.
S&P 500 @ 5087.03, high 5094.39, low 5038.83
RSI @ 68.16
Internals were :
UP volume led by 1.45 to 1 in NYSE & 1.33 to 1 in Nasdaq
Advancing stocks led by 1.88 to 1 in NYSE & 1.18 to 1 in Nasdaq
Net new highs were leading by 518 in NYSE & 132 in Nasdaq
VIX Down 5.22% @ 14.54
Oil @ $78.61
Gold @ $2030.70
Canadian $ @ .6499
Portfolio AMD GOOG INTC MSFT META NVDA BTCC.TO
Day like today is very rare when we have almost 3% move in Nasdaq, thus being in the market is a good strategy with adjusted exposure depending on RSI. Speaking of RSI we are still @ 68.16 which means, those who are talking negative about today's TAPE, are ensuring that we are going higher.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Insightful....!
Long live Saleem
your services are great....!
Raja
Hi Raja,
Appreciated your feedback.
Good luck with your portfolio!!
Saleem
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