Tuesday, May 21, 2024

Indices closed UP .17% to .25%...NICE !!!

 Indices closed UP....BUT internals were mostly negative.

S&P 500 @ 5321.41, high, high 5324.32, low 5297.83

RSI @ 69.58

Internals :

Down volume led by 1.20 to 1 in NYSE & 1.55 to 1 in Nasdaq

Declining stocks led by 1.07 to 1 in NYSE & 1.35 to 1 in Nasdaq

Net new highs were leading by 278 in NYSE & 22 in Nasdaq

VIX Down 2.39% @ 11.86

Oil @ $79.26

Gold @ $2425.90

Canadian $ @ .6350

In my portfolio :

Sold MSFT @ $31.65 in Toronto

Sold 50% NVDA @ $90.00

Portfolio AMD INTC META NVDA PLTR SHOP SOUN

After close its all about NVDA earnings report & commentary about AI & all its potential.

BLOG does NOT give buy or sell.

Saleem

6 comments:

stocktrader_1996 said...

Hi Saleem,

A little trim before earnings probably is a good thing, especially after the run-up in recent weeks. Good luck with the rest of it and on next picks!

Stocktrader

Stock Rookie said...

Hello Saleem!
Awesome job on NVDA trading. Thank you for NVDA recommending. Good luck with the next pick!

Stocks100 said...


Hi Stock Rookie,

Thanks for your ongoing feedback to me & Stocktrader on our existence in "ticker world "

Good luck to you in all your picks....

Saleem

Stocks100 said...


Hi Stocktrader,

Added back what I sold Yesterday to full position....

Bought NVDA in Toronto @ $89.41

Saleem

Stock Rookie said...

Hi Saleem!
Good Luck! Hopefully nvda crush earnings AH today :-)

stocktrader_1996 said...

Hi Saleem,

Good luck in a few hours!

Stocktrader