Thursday, February 29, 2024

Indices closed UP .12% to .90%...NICE !!!

 Indices closed near high of the day & Nasdaq finally made it into all time record close.

S&P 500 @ 5096.27, high 5104.99, low5061.89

RSI @ 66.94

Internals were :

UP volume led by 2.37 to 1 in NYSE & 1.57 to 1 in Nasdaq

Advancing stocks led by 2.70 to 1 in NYSE & 1.57 to 1 in Nasdaq

Net new highs were leading by 457 in NYSE & 185 in Nasdaq

VIX Down 3.18% @ 13.40

Oil @ $78.26

Gold @ $2054.70

Canadian $ @ .6428

In my portfolio...added SOUN @ $7.33

Portfolio AMD GOOG INTC MSFT META NVDA SOUN

AMD was the superstar of the day by closing @ new all time high, SOX did well. PCE number was  as expected and taken as " not too hot not too cold " and market took off.

BLOG does NOT give buy or sell.

Saleem

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3 comments:

  1. Stocks100March 1, 2024 at 7:19 AM


    Hi Stocktrader,

    Added SOUN @ $6.33

    Saleem

    ReplyDelete
  2. stocktrader_1996March 1, 2024 at 10:23 AM

    Hi Saleem,

    Good luck with the two SOUN adds - building a position!

    Stocktrader

    ReplyDelete
  3. Stocks100March 1, 2024 at 11:06 AM


    Hi Stocktrader,

    Added SOUN @ $5.95.....

    Still a tiny position...more like playing scrabble.....

    Saleem

    ReplyDelete