Tuesday, November 12, 2024

Indices closed down .09% to 1.77%....

 Indices closed down on profit taking.

S&P 500 @ 5983.99, low 5960.08, high 6009.92

Internals :

Down volume led by 3.13 to 1 in NYSE & 1.52 to 1 in Nasdaq

Declining stocks led by 3.48 to 1 in NYSE & 3.13 to 1 in Nasdaq

Net new highs were leading by 2852 in NYSE & 7037 in Nasdaq

VIX Down 1.74% @ 14.71

Oil @ $68.12

Gold @ $2604.90

Canadian $ @ .6039

In my portfolio :

Added 100% GDXJ @ $46.35

Bought TSLA.NE @ $30.95

Portfolio AAPL MSFT SHOP SMCI TSLA CMG GDXJ

SHOP had great earnings & strong guidance, stock was rewarded with 21% gains & new 52 week high

Market is tough & easy @ the same time depends on your portfolio.....

BLOG does NOT give buy or sell.

Saleem

3 comments:

stocktrader_1996 said...

Hi Michael,

MSTR is fairly- or over-valued based on bitcoin current price, but has more upside if bitcoin definitively breaks $100k. It's hard to call for more gains from here but I think the sellers are scarce into the end of the year so it is probably good on any pullback.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Sold FLYW @ 22.05 to take profits on an ok quarter and raise cash for opportunities.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Great trade.....good luck with next pick$$$$

Saleem