Thursday, May 30, 2024

Indices closed down .60% to 1.08%....

 Indices closed down on rate jitters.

S&P 500 @ 5235.48, low 5222.10, high 5260.21

RSI @ 51.72

Internals :

UP volume led by 2.48 to 1 in NYSE & 1.99 to 1 in Nasdaq

Advancing stocks led by 2.57 to 1 in NYSE & 1.41 to 1 in Nasdaq

Net new highs were leading by 60 in NYSE & lows by 25 in Nasdaq

VIX UP 1.33% @ 14.47

Oil @ $77.91

Gold @ $2366.50

Canadian $ @ .6326

In my portfolio :

Sold META @ $26.29 in Toronto

Sold DELL in AH @ $139.50

Portfolio AMD INTC NVDA PLTR SHOP SOUN BTCC

DELL earnings were a major disappointment thus my exit....

BLOG does NOT give buy or sell.

Saleem

8 comments:

stocktrader_1996 said...

Hi Saleem,

Good luck with next pick!

Stocktrader

Stocks100 said...


Hi Stocktrader,

Added 200% AMD in Toronto @ $32.08

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with more AMD!

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Sold ULTA @ 383.44

After opening much higher on "better than feared" earnings, the stock has slumped and appears as though competitive concerns remain with regards to earnings power going forward.

Bought TWST @ 40.03

After a 20% pullback from the highs, the stock still remains above key moving averages and I think that's important in this environment.

Added small to SPOT @ 294.53 on potential catalysts (sub growth) and 50 DMA bounce.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good moves this AM..

Good luck with TWST and more SPOT....

Saleem

Stocks100 said...


Hi Stocktrader,

Sold INTC.NE @ $17.88

Added 100% NVDA.NE @ $102.88

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with the swap!

Stocktrader

Stock Rookie said...

Hello Stocktrader & Saleem!
Wish you both good luck with AMD, TWST, SPOT, and NVDA.NE!