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
3 comments:
Hi Stocktrader,
Added 80% NVDA.NE @ $29.40
Added 100% BTCC.B.TO @ $11.22
Saleem
Hi Saleem,
Good luck into earnings tonight! My feeling is that there's been enough questioning sentiment built up such that there could be another up move post-earnings.
I really like the bitcoin story here as the Fed gets easier and the economy struggles. That's not even to mention the world issues which could drive bitcoin accumulation or adoption.
Stocktrader
Hi Stocktrader,
We are in total agreement when it comes to NVDA & BTCC thesis for today....
Thanks for your feedback, much appreciated....
Saleem
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