Friday, May 31, 2024

Indices closed mixed...

 Indices made a stunning reversal by close after erasing all the losses, great technical strength.

S&P 500 @ 5277.51, high 5280.33, low 5191.68

RSI @ 57.06

Internals :

UP volume led by 3.26 to 1 in NYSE & 1.27 to 1 in Nasdaq

Advancing stocks led by 2.93 to 1 in NYSE & 1.44 to 1 in Nasdaq

Net new highs were leading by 122 in NYSE & lows by 14 in Nasdaq

VIX Down 10.71% @ 12.92

Oil @ $76.99

Gold @ $2346.40

Canadian $ @ .6348

In my portfolio :

Sold INTC.NE @ $17.88

Added 100% NVDA.NE @ $102.88

Added 200% AMD.NE @ $32.08

Here is my portfolio weighting :

SHOP       31.65%

PLTR       22.32%

AMD       21.01%

NVDA     13.60% 

BTCC      9.60%

SOUN     1.82%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem


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