Friday, April 12, 2024

Indices closed down 1.24% to 1.93%....

 Indices closed down sharply on tit for tat chips restriction from China, whatever happened to " free trade "

S&P 500 @ 5123.41, low 5107.94, high 5175.03

RSI @ 44.96

Internals were :

Down volume led by 9.39 to 1 in NYSE & 3.19 to 1 in Nasdaq

Declining stocks led by 4.19 to 1 in NYSE & 3.16 to 1 in Nasdaq

Net new highs were leading by 23 in NYSE & lows by 155 in Nasdaq

VIX UP 16.10% @ 17.31

Oil @ $85.66

Gold @ $2374.10

Canadian $ @ .6239

Here is my portfolio weighting :

SHOP     25.09%

NVDA    23.43%

MSFT   14.64%

INTC    11.16%

GOOG 10.64%

AMD    9.80%

META  3.73%

SOUN 1.51%

Next post by 6 PM on Sunday!

BLOG does NOT give buy or sell.

Saleem


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