Thursday, May 9, 2024

Indices closed UP .27% to .90%...NICE !!!!

 Indices closed UP as economic data keeps supporting a rate cut.

S&P 500 @ 5214.08, high 5215.30, low 5180.41

RSI @ 61.23

Internals were :

UP volume led by 3.16 to 1 in NYSE & 1.66 to 1 in Nasdaq

Advancing stocks led by 2.88 to 1 in NYSE & 1.65 to 1 in Nasdaq

Net new highs were leading by 322 in NYSE & 68 in Nasdaq

VIX Down 2.38% @ 12.69..low today 12.68..52 week low 11.81....

Oil @ $79.26

Gold @ $2349.60

Canadian $ @ .6305

Portfolio AMD INTC META MSFT NVDA SOUN BTCC

Indices closed @ high of the day, AI stocks were lower indicating rotation....

BLOG does NOT give buy or sell.

Saleem

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3 comments:

  1. Stocks100May 10, 2024 at 5:12 AM

    Hi Stocktrader,

    Bought PLTR @ $21.36 in premarket

    Saleem

    ReplyDelete
  2. Stocks100May 10, 2024 at 8:21 AM


    Hi Stocktrader,

    Added 60% PLTR @ $20.75

    Saleem

    ReplyDelete
  3. stocktrader_1996May 10, 2024 at 11:07 AM

    Hi Saleem,

    Good luck with PLTR - I don't think earnings hurt the story at all so this pickup is smart!

    Stocktrader

    ReplyDelete