Not feeling well....

 Down with Pneumonia, hopefully will recover by November 3rd Sunday, when I should be able to post my BLOG....

Saleem

Indices closed down .79% to 1.60%.....

 Indices were under selling pressure due to higher yield.

S&P 500 @ 5797.42, low 576241, high 5834.85

Internals :

Down volume led by 2.00 to 1 in NYSE & 2.00 to 1 in Nasdaq

Declining stocks led by 3.27 to 1 in NYSE & 2.61 to 1 in Nasdaq

Net new highs were leading by 43 in NYSE & lows by 30 in Nasdaq

VIX UP 5.71% @ 19.24

Oil @ $70.77

Gold @ $2734.60

Canadian $ @ .6157

Portfolio LULU MSFT BTCC.B SMCI CMG BTC AAPL

Election & yield seems to be in focus for markets.

BLOG does NOT give buy or sell.

Saleem

Indices closed mixed.....

 Indices closed mixed, Nasdaq was green.

S&P 500 @ 5851.20, low 5821.17, high 5863.04

Internals :

Down volume led by 1.07 to 1 in NYSE & .55 to 1 in Nasdaq

Declining stocks led by 1.37 to 1 in NYSE & 1.26 to 1 in Nasdaq

Net new highs were leading by 128 in NYSE & 29 in Nasdaq

VIX Down .93% @ 18.20

Oil @ $72.09

Gold @ $2754.30

Canadian $ @ .6165

In my portfolio Added 60% SMCI.NE @ $15.76

Portfolio LULU MSFT BTCC.B SMCI CMG BTC AAPL

Internals were weak....

BLOG does NOT give buy or sell.

Saleem

Indices closed mixed....

 Indices closed mixed with NVDA hitting all time high.

S&P 500 @ 5853.98, low 5824.79, high 5866.92

Internals :

Down volume led by 3.42 to 1 in NYSE & .63 to 1 in Nasdaq

Declining stocks led by 3.51 to 1 in NYSE & 2.22 to 1 in Nasdaq

Net new highs were leading by 215 in NYSE & 56 in Nasdaq

VIX UP 1.89% @ 18.37

Oil @ $70.56

Gold @ $2738.90

Canadian $ @ .6150

In my portfolio :

Sold SHOP.TO @ $114.69

Sold NVDA.NE @ $33.41

Sold AG.TO @ $10.67

Sold GDXJ @ $55.00

Portfolio LULU MSFT BTCC.B SMCI CMG BTC AAPL..

BLOG does NOT give buy or sell.

Saleem

US stock market Nasdaq or Russell 2000.....

 Nasdaq & Russell 2000 is all set to make new all time highs....

Nasdaq only 181.52 points or .97% away from making new all time high which currently stands @ 18,671.07...

Russell 2000 is 23.91 points away or 1.04%....2300.00 is the number to cross.....

Both indices can do this in 1 day of trading or could do the same in same session...

There is lot of skepticism about Russell 2000 which IS a good thing......

Nasdaq new series of all time highs are considered given.....

IF I was placing my bets, I will use ETF on both & stick with it.....

In US stock market, It Is always a good idea to diversify thus IWM & QQQ sound like a safe strategy going forward....

It IS earnings season with TSLA on Wednesday, another laggard which looks good....

Earnings could be meet expectations BUT guidance can be much better, generally speaking....

This IS a very good market with BULLS in control, its slow & steady northbound.....

Always a good strategy to be overexposed in strong bull market which comes quite infrequently....

YES....there will be pullbacks along the way BUT It may present buying opportunity in many many stocks....so have your buy list ready.....

Good luck with your own strategy & comfort level...

BLOG does NOT give buy or sell.

Saleem

Indices closed UP .09% to .63%...NICE !!!

 Indices closed near high of the day with highest close for DOW & S&P 500.

S&P 500 @ 5864.67, high 5872.17, low 5846.11

Internals :

UP volume led by 1.38 to 1 in NYSE & 2.70 to 1 in Nasdaq

Advancing sticks led by 1.54 to 1 in NYSE & 1.41 to 1 in Nasdaq

Net new highs were leading by 408 in NYSE & 170 in Nasdaq

VIX Down 5.65% @ 18.03

Oil @ $69.22

Gold @ $2732.40

Canadian $ @ .6192

Here is my weighting :

CMG          18.35%

NVDA        17.61%

SHOP        16.45%

SMCI         10.05%

MSFT           7.36%

GDXJ           7.14%

LULU           6.33%

BTCC.B       5.61%

AAPL           5.52%

AG.TO         3.71%

BTC             1.87%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

Indices closed mixed.....

 Indices closed near low of the day BUT DOW closed @ another all time high....

S&P 500 @ 5841.47, low 5840.25, high 5878.46

Internals :

Down volume led by 1.25 to 1 in NYSE & .92 to 1 in Nasdaq

Declining stocks led by 1.21 to 1 in NYSE & 1.24 to 1 in Nasdaq

Net new highs were leading by 453 in NYSE & 185 in Nasdaq

VIX Down 2.40% @ 19.11

Oil @ $70.67

Gold @ $2707.50

Canadian $ @ .6205

Portfolio AG LULU MSFT NVDA BTCC.B

SHOP SMCI CMG BTC GDXJ AAPL....

BLOG does NOT give buy or sell.

Saleem

Indices closed UP .28% to 1.64%...NICE !!!

 Indices closed near high of the day, Russell 2000 was the-best performer.

S&P 500 @ 5842.47, high 5846.52, low 5808.34

Internals :

UP volume led by 3.11 to 1 in NYSE & 2.59 to 1 in Nasdaq

Advancing stocks led by 3.35 to 1 in NYSE & 2.81 to 1 in Nasdaq

Net new highs were leading by 403 in NYSE & 232 in Nasdaq

VIX Down 5.14% @ 19.58

Oil @ $70.39

Gold @ $2692.60

Canadian $ @ .6224

Portfolio AG LULU MSFT NVDA BTCC.B

SHOP SMCI CMG BTC GDXJ AAPL....

Internals were strong which means rally is broadening out....

BLOG does NOT give buy or sell.

Saleem

Indices closed down .75% to 1.01%....

 Indices closed down on downbeat earning leak from ASML.

S&P 500 @ 5815.26, low 5804.48, high 5870.36

Internals :

Down volume led by 1.14 to 1 in NYSE & .72 to 1 in Nasdaq

Declining stocks led by 1.01 to 1 in NYSE & 1.03 to 1 in Nasdaq

Net new highs were leading by 473 in NYSE & 194 in Nasdaq

VIX UP 4.77% @ 20.64

Oil @ $70.13

Gold @ $2683.00

Canadian $ @ .6228

Portfolio AG LULU MSFT NVDA BTCC.B

SHOP SMCI CMG BTC GDXJ AAPL...

Small cap performed much better than overall market.

BLOG does NOT give buy or sell.

Saleem

Indices closed UP .47% to .87%....NICE!!!

 Indices closed UP with all time high close for DOW/ S&P 500 / NVDA....

S&P 500 @ 5859.85, high 5871.41, low 5829.57

Internals :

UP volume led by 1.56 to 1 in NYSE & 2.28 to 1 in Nasdaq

Advancing stocks led by 1.58 to 1 in NYSE & 1.27 to 1 in Nasdaq

Net new highs were leading by 541 in NYSE & 224 in Nasdaq

VIX Down 3.71% @ 19.70

Oil @ $73.83

Gold @ $2667.50

Canadian $ @ .6243

In my portfolio Bought GDXJ @ $49.32

Portfolio AG LULU MSFT NVDA BTCC.B

SHOP SMCI CMG BTC GDXJ AAPL....

Nasdaq was the-best performer today.....

BLOG does NOT give buy or sell.

Saleem 

US stock market in Auto- Pilot.....

 US stock market has come a long way in discounting " inflation / recession / high interest rates "

Discounting any issue is tough enough BUT to discount 3 issues was challenging...

Runaway inflation is being tamed now

Fear of recession is gone with job growth

FED finally has cut 50 basis and 2 more 25 to come in 2024....

SO...all 3 issues are on the mend....

That leaves US stock market & worldwide stock market in a " sweet spot "

This kind of investing environment comes after long digestive / discounting phase which erodes comfort level in stocks.....

BUT here we are finally on the road to " higher highs " in many sectors.....

This calls for " conviction & patience "

Have a diversified portfolio and let it breathe....for a long time....you may have a pleasant surprise of growth in equity value over time.....

US markets changes its profile frequently....this one is much more predictable and " north bound "

IF we look @ new 52 week high list...It will lead you to some serious growth stocks......

Do not be stuck in old ideas.....time for new names in every portfolio....

Q4 has started, this IS the strongest Q for technology and many related Industries....which carries over in Q1 of 2025....

A1 has changed the game completely...It IS in very early stages....pick your stocks and stick with it.

Have a higher exposure of a strong bull market and keep adding as we are headed much much higher in many many sectors.....from Uranium to Silver to Crypto....

Good luck with your own research & comfort level....

BLOG does NOT give buy or sell.

Saleem

Indices closed UP .33% to 2.10%...NICE !!!

 Indices closed near high of the day & new all time highs for DOW & S&P 500

S&P 500 @ 5815.03, high 5822.13, low 5775.09

Internals :

UP volume led by 3.89 to 1 in NYSE & 2.85 to 1 in Nasdaq

Advancing stocks led by 3.96 to 1 in NYSE & 2.89 to 1 in Nasdaq

Net new highs were leading by 411 in NYSE & 175 in Nasdaq

VIX Down 2.25% @ 20.46

Oil @ $75.56

Gold @ 2674.40

Canadian $ @ .6228

Here is my weighting :

CMG          19.92%

NVDA        18.93%

SHOP        18.18%

SMCI         11.17%

MSFT         8.06%

LULU         6.66%

AAPL         5.90%

BTCC.B     5.65%

AG             3.63%

BTC           1.90%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

Indices closed down .05% to .55%....

 Indices closed well above low of the day.

S&P 500 @ 5780.05, low 5764.76, high 5795.03

Internals :

Down volume led by 1.37 to 1 in NYSE & 1.52 to 1 in Nasdaq

Declining stocks led by 1.39 to 1 in NYSE & 1.59 to 1 in Nasdaq

Net new highs were leading by 130 in NYSE & lows by 72 in Nasdaq

VIX UP .34% @ 20.93

Oil @ $75.85

Gold @ $2647.30

Canadian $ @ .6243

Portfolio AG LULU MSFT NVDA

BTCC.B SHOP SMCI CMG BTC AAPL    ....

Inflation remains in focus.....

BLOG does NOT give buy or sell.

Saleem

Indices closed UP .60% to 1.03%...NICE !!!

 Indices closed @ new all time highs in DOW & S&P 500.

S&P 500 @ 5792.04, high 5796.80, low 5745.02

Internals :

UP volume led by 1.64 to 1 in NYSE & 1.21 to 1 in Nasdaq

Advancing stocks led by 1.31 to 1 in NYSE & .99 to 1 in Nasdaq

Net new highs were leading by 290 in NYSE & 34 in Nasdaq

VIX Down 2.61% @ 20.86

Oil @ $73.21

Gold @ $2626.90

Canadian $ @ .6311

Portfolio AG LULU MSFT NVDA 

BTCC.B SHOP SMCI CMG BTC AAPL....

Nasdaq getting ready to make series of new all time highs.....

BLOG does NOT give buy or sell.

Saleem 

Indices closed UP .30% to 1.45%...NICE !!!

 Indices closed near high of the day.

S&P 500 @ 5751.13, high 5757.60, low 5714.56

Internals :

Down volume led by 1.29 to 1 in NYSE & .79 to 1 in Nasdaq

Declining stocks led by .92 to 1 in NYSE & 1.10 to 1 in Nasdaq

Net new highs were leading by 125 in NYSE & lows by 27 in Nasdaq

VIX Down 5.39% @ 21.42

Oil @ $77.14

Gold @ $2635.60

Canadian $ @ .6333

Portfolio AG LULU MSFT NVDA 

BTCC SHOP SMCI CMG BTC AAPL

Market keep rewarding AI linked stocks....

BLOG does NOT give buy or sell.

Saleem

Indices closed down .89% to 1.18%....

 Indices closed down, Nasdaq was the weak one.

S&P 500 @ 5695.94, low 5686.85, high 5739.34

Internals :

Down volume led by 2.17 to 1 in NYSE & 1.24 to 1 in Nasdaq

Declining stocks led by 2,73 to 1 in NYSE & 2.30 to 1 on Nasdaq

Net new highs were leading by 167 in NYSE & 9 in Nasdaq

VIX UP 22.64% @ 17.86

Oil @ $77.14

Gold @ $2662.70

Canadian $ @ .6389

Portfolio AG.TO LULU MSFT NVDA 

CMG BTCC.B SHOP SMCI BTC AAPL

Indices reacted to higher yield....

BLOG does NOT give buy or sell.

Saleem

US stock market in overdrive.....

 US stock market is in a happy place.....

Interest rates are falling worldwide....

China came out with aggressive stimulus...

AI boom enters stage 2....

Gold @ all time high...

Silver ready to make series of new highs....

Crypto in line for " record highs "

What not to like about this market & environment....

Tiny bit of skirmish continues in Middle East.....

Inflation numbers may jump here & there....

Job growth to accelerate as worldwide economic growth gather steam for Q4...

A portfolio with conviction is all it takes to make serious money going forward...

Not too often...we get such an investing environment.....

To take advantage....revisit your portfolio and do Fundamental & Technical analysis....IF all is not well...make changes ASAP.....

Good luck with your analysis !

BLOG does NOT give buy or sell.

Saleem

Indices closed UP .81% to 1.50%...NICE !!!!

 Indices closed near high of the day.

S&P 500 @ 5751.07, high 5753.21, low 5702.83

Internals :

UP volume led by 2.85 to 1 in NYSE & 2.52 to 1 in Nasdaq

Advancing stocks led by 1.72 to 1 in NYSE & 2.20 to 1 in Nasdaq

Net new highs were leading by 265 in NYSE & 67 in Nasdaq

VIX Down 6.25% @ 19.21

Oil @ $74.38

Gold @ $2667.80

Canadian $ @ .6417

In my portfolio added 200% SMCI .NE @ $14.58 in Toronto

Here is my weighting :

CMG         20.05%

SHOP       18.62%

NVDA      18.36%

SMCI       10.15%

MSFT        8.46%

LULU        6.79%

AAPL        6.15%

BTCC.B    5.79%

AG            3.69%

BTC         1.94%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

Indices closed down .04% to .68%.....

 Indices closed down with Russell2000 being the weakest.

S&P 500 @ 5699.94, low 5677.37, high 5718.78

Internals :

Down volume led by 1.77 to 1 in NYSE & .76 to 1 in Nasdaq

Declining stocks led by 2.13 to 1 in NYSE & 1.99 to 1 in Nasdaq

Net new highs were leading by 129 in NYSE & lows by 38 in Nasdaq

VIX UP 8.41% @ 20.49

Oil @ $73.71

Gold @ $2678.20

Canadian $ @ .6463

Portfolio AG.TO LULU MSFT NVDA 

BTCC.B SHOP CMG BTC AAPL SMCI

It all about jobs report 140K & revisions...can create more volatility...

BLOG does NOT give buy or sell.

Saleem

Indices closed UP .01% to .09%....NICE !!!

 Indices closed UP despite ongoing Middle East tension.

S&P 500 @ 5709.54, high 5719.63, low 5674.00

Internals :

UP volume led by 1.09 to 1 in NYSE & 1.69 to 1 in Nasdaq

Advancing stocks led by .84 to 1 in NYSE & .92 to 1 in Nasdaq

Net new highs were leading by 210 in NYSE & lows by 28 in Nasdaq

VIX Down 1.87% @ 18.90

Oil @ $70.10

Gold @ $2649.41

Canadian $ @ .6512

Portfolio AG.TO LULU MSFT NVDA 

BTCC.B SHOP CMG BTC AAPL SMCI

Today's close in very encouraging considering Geo Political situation.

BLOG does NOT give buy or sell.

Saleem

Indices closed down .41% to 1.53%....

 Indices closed down in reaction to rising Middle East tension.

S&P 500 @ 5708.75, low 5681.28, high 5757.73

Internals :

Down volume led by 1.33 to 1 in NYSE & 1.65 to 1 in Nasdaq

Declining stocks led by 1.32 to 1 in NYSE & 2.36 to 1 in Nasdaq

Net new highs were leading by 275 in NYSE & lows by 31 in Nasdaq

VIX UP 15.12% @ 19.26

Oil @ $69.83

Gold @ $2690.30

Canadian $ @ .6505

Portfolio AG.TO LULU MSFT NVDA 

BTCC.B SHOP CMG BTC AAPL SMCI

BLOG does NOT give buy or sell.

Saleem