Wednesday, August 28, 2024

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

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