Friday, March 8, 2024

Indices closed down .18% to 1.16%....

 Indices closed down in a stunning reversal and closed near low of the day.

S&P 500 @ 5123.69, low 5117.50, high 5189.26

RSI @ 62.03

Internals were :

Down volume led by .93 to 1 in NYSE & .84 to 1 in Nasdaq

Declining stocks led by .80 to 1 in NYSE & 1.01 to 1 in Nasdaq

Net new highs were leading by 660 in NYSE & 266 in Nasdaq

VIX UP 2.08% @ 14.74

Oil @ $78.01

Gold @ $2185.50

Canadian $ @ .6525

In my portfolio :

Sold remaining 50% NVDA @ $92.00 in Toronto, high of the day was $92.10...

Sold META @ $28.12 in Toronto

Here is my portfolio weighting on 25% exposure :

GOOG      35.33%

MSFT       28.82%

INTC        28.14%

SOUN        7.71%

Next post on Sunday by 6 PM.

BLOG does NOT give buy or sell.

Saleem

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