Tuesday, June 4, 2024

Indices closed UP .15% to .36%...NICE !!!

 Indices closed near high of the day on weaker economic data.

S&P 500 @ 5291.34, high 5298.80, low 5257.63

Internals :

Down volume led by 2.09 to 1 in NYSE & 1.11 to 1 in Nasdaq

Declining stocks led by 1.32 to 1 in NYSE & 1.88 to 1 in Nasdaq

Net new highs were leading by 35 in NYSE & lows by 89 in Nasdaq

VIX UP .38% @ 13.16

Oil @ $72.81

Gold @ $2347.40

Canadian $ @ .6311

Portfolio NVDA SHOP PLTR BTCC SOUN 

Internals were negative @ close which is NOT healthy.

BLOG does NOT give buy or sell.

Saleem

at

4 comments:

  1. stocktrader_1996June 5, 2024 at 8:15 AM

    Hi Saleem,

    Bought 2x TZA @ 18.55 to protect the portfolio

    Stocktrader

    ReplyDelete
  2. Stocks100June 5, 2024 at 8:19 AM


    Hi Stocktrader,

    Good luck with TZA....

    Saleem

    ReplyDelete
  3. stocktrader_1996June 5, 2024 at 8:23 AM

    Hi Saleem,

    Sold FLYW @ 16.73 on severe underperformance

    Added to TZA @ 18.44

    I feel more comfortable now.

    Stocktrader

    ReplyDelete
  4. Stocks100June 5, 2024 at 8:58 AM


    Hi Stocktrader,

    Good luck with more TZA....

    Saleem

    ReplyDelete