Tuesday, March 19, 2024

Indices closed UP .39% to .83%...NICE !!!

 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:

stocktrader_1996 said...

Hi Saleem,

Added small to FLYW MTRN IONQ SMCI to top up weightings

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with more of your 4 favorites...

Saleem

stocktrader_1996 said...

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

stocktrader_1996 said...

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

Stocks100 said...


Hi Stocktrader,

DCBO is popular in Canada....

Good luck with DCBO & ALAR....late or NOT...Its where the stock is GOING$$$$

Saleem

stocktrader_1996 said...

Hi Saleem,

Added a little each to SMCI ALAR DCBO ZENV PSNL to fully utilize available cash

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with more fabulous 5....

Saleem