Friday, February 2, 2024

Indices closed UP .35% to 1.74%...NICE !!!

 Indices closed strong despite hotter jobs report, giving more proof that this is a major bull market. S&P 500 & DOW keeps making series of new all time highs including today's close.

S&P 500 @ 4958.61, high 4975.29, low 4907.99

RSI @ 68.94

Internals were :

Down volume led by 1.76 to 1 in NYSE & 1.30 to 1 in Nasdaq

Declining stocks led by 1.87 to 1 in NYSE & 1.58 to 1 in Nasdaq

Net new highs were leading by 324 in NYSE & lows by 2 in Nasdaq

VIX Down .22% @ 13.85

Oil @ $72.28

Gold @ $2053.90

Canadian $ @ .6537

In my portfolio...added 50% LSPD @ $24.80 in Toronto

Here is my portfolio weighting :

SHOP       44.74%

CNQ        32.71%

LASPD   18.89%

BTCC.TO 3.66%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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