Monday, June 3, 2024

Indices closed mixed....

 Indices closed mixed as economic data was weaker than expected.

S&P 500 @ 5283.40, high 5302.11, low 5234.32

RSI @ 57.77

Internals :

UP volume led by .68 to 1 in NYSE & 1.69 to 1 in Nasdaq

Advancing stocks led by 1.03 to 1 in NYSE & .96 to 1 in Nasdaq

Net new highs were leading by 144 in NYSE & lows by 2 in Nasdaq

VIX UP 1.47% @ 13.11

Oil @ $74.22

Gold @ $2368.60

Canadian $ @ .6369

In my portfolio :

Sold AMD.NE @ $31.54

Added 175% NVDA.NE @ $106.86

Here is my updated portfolio weighting :

NVDA     37.46%

SHOP      30.52%

PLTR      20.99%

BTCC      9.38%

SOUN     1.65%

Nasdaq continues its positive MOMO & NVDA going for new all time highs AGAIN....

BLOG does NOT give buy or sell.

Saleem

at

2 comments:

  1. stocktrader_1996June 4, 2024 at 11:54 AM

    Hi Saleem,

    Sold AMKR @ 31.67
    Sold MTRN @ 111.00

    Given some early signs of economic sluggishness, I reduced some cyclical exposure in the portfolio.

    Stocktrader

    ReplyDelete
  2. Stocks100June 4, 2024 at 12:50 PM


    Hi Stocktrader,

    Good to revisit portfolio & take required action.

    Good luck with next picks....

    Saleem

    ReplyDelete