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
Insightful....!
ReplyDeleteLong live Saleem
your services are great....!
Raja
ReplyDeleteHi Raja,
Appreciated your feedback.
Good luck with your portfolio!!
Saleem