Friday, August 23, 2024

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 

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