Friday, August 30, 2024

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

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