Indices staged an impressive reversal & closed @ high of the day, NVDA proved all the genius so called technicians wrong again & again but they offer no explanation of how wrong they can be " so consistently "..they should host a new program " wrong again "
S&P 500 @ 5178.51, high 5180.31, low 5131.59
RSI @ 63.37
Internals were :
UP volume led by 1.76 to 1 in NYSE & 1.22 to 1 in Nasdaq
Advancing stocks led by 2.25 to 1 in NYSE & 1.39 to 1 in Nasdaq
Net new highs were leading by 233 in NYSE & lows by 36 in Nasdaq
VIX Down 3.56% @ 13.82
Oil @ $83.47
Gold @ $2159.70
Canadian $ @ .6417
In my portfolio....added 15% NVDA @ $81.10 in Toronto
Portfolio AMD GOOG INTC META MSFT NVDA SHOP SOUN
BLOG does NOT give buy or sell.
Saleem
7 comments:
Hi Saleem,
Added small to FLYW MTRN IONQ SMCI to top up weightings
Stocktrader
Hi Stocktrader,
Good luck with more of your 4 favorites...
Saleem
Hi Saleem,
Bought DCBO @ 50.37 avg in 3 blocks
A good and rested chart, in an industry I like for 2024, and a good recent earnings report, this has the trifecta of what I'm looking for from new ideas.
Stocktrader
Hi Saleem,
Bought ALAR @ 21.90 avg in 7 blocks
An emerging player in data collection technology with an AI-forward focus, I am admittedly late here, but I think there's more upside as the company is under-discovered even though business is ramping.
Stocktrader
Hi Stocktrader,
DCBO is popular in Canada....
Good luck with DCBO & ALAR....late or NOT...Its where the stock is GOING$$$$
Saleem
Hi Saleem,
Added a little each to SMCI ALAR DCBO ZENV PSNL to fully utilize available cash
Stocktrader
Hi Stocktrader,
Good luck with more fabulous 5....
Saleem
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