Wednesday, May 15, 2024

Indices closed UP .88% to 1.40%...NICE !!!

 Indices jumped into a new all time highs. CPI was inline.

S&P 500 @ 5308.15, high 5311.76, low 5263.26

RSI @ 69.31

Internals :

UP volume led by 1.55 to 1 in NYSE & 2.61 to 1 in Nasdaq

Advancing stocks led by 3.02 to 1 in NYSE & 1.67 to 1 in Nasdaq

Net new highs were leading by 605 in NYSE & 189 in Nasdaq

VIX Down 7.23% @ 12.45

Oil @ $78.63

Gold @ $2394.90

Canadian $ @ .6382

Portfolio AMD INTC META MSFT NVDA PLTR SHOP SOUN BTCC

10 year yield near 200 DMA gave boost to equities.

BLOG does NOT give buy or sell.

Saleem


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3 comments:

  1. Stocks100May 16, 2024 at 7:09 AM


    Hi Stocktrader,

    Sold BTCC @ $12.49 in Toronto

    Saleem

    ReplyDelete
  2. stocktrader_1996May 16, 2024 at 8:06 AM

    Hi Saleem,

    Good to book profits!

    My large share positions in thinly traded stocks has me concerned for the quiet summer months... 400k ZENV, 550k PSNL

    Stocktrader

    ReplyDelete
  3. Stocks100May 16, 2024 at 8:14 AM


    Hi Stocktrader,

    You are very good in managing risk....you will do fine based on your exit strategy!!!

    Saleem

    ReplyDelete