Wednesday, June 12, 2024

Indices closed mixed.....

 Indices closed mixed with Nasdaq & S&P 500 @ new all time highs despite Fed hawkish change in policy.....only one .25% cut in 2024.....sure sure.....

S&P 500 @ 5421.03, high 5447.25, low 5409.13

RSI @ 71.72....caution warranted

Internals :

UP volume led by 1.33 to 1 in NYSE & 2.54 to 1 in Nasdaq

Advancing stocks led by 2.81 to 1 in NYSE & 1.76 to 1 in Nasdaq

Net new highs were leading by 354 in NYSE & 125 in Nasdaq

VIX Down 6.30% @ 12.04...caution warranted

Oil @ $79.32

Gold @ $2339.50

Canadian $ @ .6303

Portfolio NVDA SHOP SMCI PLTR BTCC 

RSI & VIX are flashing " caution "...please adjust your strategy accordingly...

BLOG does NOT give buy or sell.

Saleem

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8 comments:

  1. Stocks100June 13, 2024 at 6:38 AM


    Hi Stocktrader,

    Sold NVDA @ $122.15

    Sold SHOP @ $89.93

    Saleem

    ReplyDelete
  2. Stocks100June 13, 2024 at 6:39 AM


    Hi Stocktrader,

    Sold PLTR @ $24.06

    Saleem

    ReplyDelete
  3. Stocks100June 13, 2024 at 7:32 AM

    Hi Stocktrader,

    Sold 55% of SMCI.NE @ $28.00

    Saleem

    ReplyDelete
  4. Stock RookieJune 13, 2024 at 8:12 AM

    Hi Saleem!
    Great job on booking profits! Thank you for SMCI recommendation! Good luck with the next pick!

    ReplyDelete
  5. stocktrader_1996June 13, 2024 at 8:31 AM

    Hi Saleem,

    Nice to book profits!!

    Good luck with next picks :)

    Stocktrader

    ReplyDelete
  6. Stocks100June 13, 2024 at 10:54 AM


    Hi Stocktrader,

    Sold balance of 45% SMCI.NE @ $30.00

    Saleem

    ReplyDelete
  7. Stock RookieJune 13, 2024 at 4:51 PM

    Thank you Saleem! Sold my SMCI after hour :-)

    ReplyDelete
  8. Stocks100June 13, 2024 at 6:10 PM


    Hi Stock Rookie,

    Good move in booking profit in SMCI....

    Pleasure is always mine, most welcome!

    Saleem

    ReplyDelete