Monday, June 17, 2024

Indices closed UP .49% to .95%...NICE !!!

 Indices closed UP near high of the day, another new all time highs for Nasdaq & S&P 500.

S&P 500 @ 5473.23, high 5488.50, low 5420.40

RSI @ 75.85

Internals :

UP volume led by 1.70 to 1 in NYSE & 1.74 to 1 in Nasdaq

Advancing stocks led by 1.44 to 1 in NYSE & 1.04 to 1 in Nasdaq

Net new highs were leading by 124 in NYSE & lows by 84 in Nasdaq

VIX UP .71% @ 12.75

Oil @ $80.33

Gold @ $2330.10

Canadian $ @ .6280

Internals were mostly positive which IS a CHANGE from last several days, need a confirmation of this positive change.

Portfolio....No position....

BLOG does NOT give buy or sell.

Saleem


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7 comments:

  1. Stock RookieJune 18, 2024 at 8:49 AM

    Hello Stocktrader!
    Any news on why ALAR drop so much today? I've searching but came up empty 😒

    ReplyDelete
  2. Stocks100June 18, 2024 at 11:09 AM


    Hi Stocktrader,

    Bought BTCC.TO @ $12.08

    Saleem

    ReplyDelete
  3. stocktrader_1996June 18, 2024 at 11:41 AM

    Hi Stock Rookie,

    I believe it's because a competitor put out a new product that may directly address the niche that ALAR occupies right now.

    It's hard to assess the impact currently but the move seems overdone because ALAR is the established player in the space.

    Stocktrader

    ReplyDelete
  4. Stocks100June 18, 2024 at 11:59 AM


    Hi Stocktrader,

    Bought SHOP.TO @ $88.12

    Saleem

    ReplyDelete
  5. Stocks100June 18, 2024 at 12:03 PM


    Hi Stocktrader,

    Bought CG.TO @ $9.33

    Saleem

    ReplyDelete
  6. stocktrader_1996June 18, 2024 at 12:10 PM

    Hi Saleem,

    Good luck with toes back in the water! :)

    Stocktrader

    ReplyDelete
  7. Stock RookieJune 18, 2024 at 12:23 PM

    Thank you Stocktrader for the information!🙏

    Good luck with all the new picks $$$ Saleem :-)

    ReplyDelete