Friday, June 7, 2024

Indices closed down .11% to 1.12%....

 Indices closed well above low of the day, mini reversal despite hotter than expected jobs data.

S&P 500 @ 5346.99, low 5331.33, high 5375.08

RSI @ 64.20

Internals :

Down volume led by 2.63 to 1 in NYSE & 1.40 to 1 in Nasdaq

Declining stocks led by 2.72 to 1 in NYSE & 2.60 to 1 in Nasdaq

Net new highs were leading by 73 in NYSE & lows by 88 in Nasdaq

VIX Down 2.86% @ 12.22

Oil @ $75.53

Gold @ $2323.80

Canadian $ @ .6240

In my portfolio :

Sold BTCC.TO @ $13.41

Bought SMCI.NE @ $26.30

Here is my portfolio weighting :

NVDA          37.29%

SHOP         30.09%

PLTR         21.94%

SMCI         9.16%

SOUN       1.52%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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