Indices closed UP .55% to 1.13%....NICE!!!

 Indices closed near high of the day giving investors a nice long weekend to enjoy Labor day holiday on Monday.

S&P 500 @ 5648.40, high 5651.37, low 5581.79

RSI @ 61.48

Internals :

UP volume led by 3.84 to 1 in NYSE & 1.90 to 1 in Nasdaq

Advancing stocks led by 1.79 to 1 in NYSE & 1.54 to 1 in Nasdaq

Net new highs were leading by 434 in NYSE & 75 in Nasdaq

VIX Down 4.15% @ 15.00

Oil @ $73.55

Gold @ $2536.40

Canadian $ @ .6503

Here is my weighting :

CMG        31.20%

NVDA      28.12%

MSFT      13.53%

AAPL        9.92%

BTCC-B    9.45%

SMCI         5.71%

BTC          2.07%

Next post by Monday around 6 PM....Market closed on Monday!!!

BLOG does NOT give buy or sell.

Saleem

Indices closed mixed....

 Indices closed mixed as NVDA results weighed down Nasdaq.

S&P 500 @ 5591.96, 5583.71, high 5646.95

RSI @ 57.28

Internals :

UP volume led by 1.98 to 1 in NYSE & 1.77 to 1 in Nasdaq

Advancing stocks led by 2.17 to 1 in NYSE & 1.57 to 1 in Nasdaq

Net new highs were leading by 409 in NYSE & 62 in Nasdaq

VIX Down 8.53% @ 15.65

Oil @ $75.91

Gold @ $2558.60

Canadian $ @ .6534

Portfolio MSFT NVDA BTCC CMG BTC AAPL SMCI

Its all about PCE @ 830AM EST....more joy for bulls....

BLOG does NOT give buy or sell.

Saleem 

Indices closed down .39% to 1.12%.....

 Indices closed down on nervousness about NVDA earnings.

S&P 500 @ 5592.21, low 5560.95, high 5627.03

RSI @ 57.30

Internals :

Down volume led by 2.22 to 1 in NYSE & 3.26 to 1 in Nasdaq

Declining stocks led by 1.92 to 1 in NYSE & 2.26 to 1 in Nasdaq

Net new highs were leading by 253 in NYSE & lows by 7 in Nasdaq

VIX UP 10.89% @ 17.11

Oil @ $74.52

Gold @ $2537.80

Canadian $ @ .6530

In my portfolio :

Added 80% NVDA.NE @ $29.40

Added 100% BTCC-B.TO @ $11.20

Portfolio MSFT NVDA BTCC CMG BTC AAPL SMCI

After hours NVDA earnings report was a beat beat beat, initial reaction is wait & see for Q&A in earnings call.

BLOG does NOT give buy or sell.

Saleem

Indices closed UP .02% to .16%...NICE !!!

 Indices closed UP while Internals were weak.

S&P 500 @ 5625.80, high 5631.18, low 5593.48

RSI @ 60.71

Internals :

Down volume led by 1.42 to 1 in NYSE & 1.22 to 1 in Nasdaq

Declining stocks led by 1.14 to 1 in NYSE & 1.52 to 1 in Nasdaq

Net new highs were leading by 312 in NYSE & 35 in Nasdaq

VIX Down 4.46% @ 15.43

Oil @ $75.53

Gold @ $2545.60

Canadian $ @ .6539

Portfolio MSFT NVDA CMG BTC AAPL SMCI BTCC.B

Its all about NVDA's earnings report after the bell tomorrow, Its a huge winner for many years, writing is on the wall, buy more before its too late.

BLOG does NOT give buy or sell.

Saleem

Indices closed mixed.....

 Indices closed mixed while DOW notched a new intraday all time high.

S&P 500 @ 5616.84, low 5602.34, high 5651.62

RSI @ 60.12

Internals :

UP volume led by 1.25 to 1 in NYSE & 1.23 to 1 in Nasdaq

Advancing stocks led by 1.18 to 1 in NYSE & .85 to 1 in Nasdaq

Net new highs were leading by 639 in NYSE & 220 in Nasdaq

VIX UP 1.83% @ 16.15

Oil @ $81.43

Gold @ $2555.20

Canadian $ @ .6512

Portfolio MSFT NVDA AAPL SMCI BTCC.B CMG BTC

Its wait & see for NVDA's earnings report on Wednesday PM.....

BLOG does NOT give buy or sell.

Saleem

US stock market in Fed driven MOMO....

 US stock market seldom had so many stars lined UP...

Inflation coming down

Worldwide interest rates in a downward slope

World stock market in Hyper-BULL mode

Expect a series of new all time highs in most indices...

Even Japan apologized for being hasty in carry trade issue....

Politics in USA seems more interesting NOW...

How to play this super bull is.... EASY....

Stay the course....

Show conviction

Add more stocks on way UP

CRYPTO ready to rock like GOLD

Oil also coming out of ICU

SO

What is NOT to like..

Get your aggressive bull hat ON ....&....

BUY BUY BUY.....

Good luck with your own thesis and comfort level.

BLOG does NOT give buy or sell.

Saleem

Indices closed UP 1.14% to 3.19%...NICE !!!

 Indices closed near high of the day, thanks to dovish Fed.

S&P 500 @ 5634.61, high 5640.31, low 5589.38

RSI @ 61.82

Internals :

UP volume led by 10.75 to 1 in NYSE & 3.86 to 1 in Nasdaq

Advancing stocks led by 8.08 to 1 in NYSE & 3.68 to 1 in Nasdaq

Net new highs were leading by 631 in NYSE & 212 in Nasdaq

VIX Down 9.63% @ 15.86

Oil @ $74.83

Gold @ $2546.30

Canadian $ @ .6490

Here is my portfolio weighting :

CMG        34.74%

NVDA      19.72%

MSFT       15.71%

AAPL       11.42%

SMCI         9.30%

BTCC.B    6.49%

BTC          2.62%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem