Indices closed in all time highs in DOW & Nasdaq, Russell 2000 also blew past 2021 high....
S&P 500 @ 5987.37, high 6020.75, low 5963.91
Internals :
UP volume led by 2.29 to 1 in NYSE & 2.13 to 1 in Nasdaq
Advancing stocks led by 3.00 to 1 in NYSE & 2.64 to 1 in Nasdaq
Net new highs were leading by 796 in NYSE & 1792 in Nasdaq
VIX down 4.20% @ 14.60
Oil @ $68.94
Gold @ $2620.80
Canadian $ @ .5992
Portfolio AAPL MSFT SHOP CMG GDXJ SMCI TSLA
Rotation is in vogue.....
BLOG does NOT give buy or sell.
Saleem
Hi Saleem,
ReplyDeleteSorry for the delay in the post.
Last week: +9.12% (YTD: +9.17%)
Portfolio Leaders: MSTR(sold) DXYZ(sold), LOVE(sold), ZENV BMR, all > +15%
Portfolio Laggards: PSNL
A strong week for the indices was also a strong one for the portfolio as strength was widespread but especially in small caps (+4.46% on week). We are in the phase of the market where institutional winners "can't" get sold as waiting just 5 more weeks can defer the taxable gains for a whole year, potentially with some new offsets by then. This begets a rolling bull market where new stocks every day decide to shoot higher. The key is to stay involved and look for fresh ideas and charts after a big run allows you to take profits. I have finally refreshed the portfolio with new ideas and it is paying off well - I hope the momentum continues throughout this year and into next.
Holdings: BITU(x2) PAR BOX PRGS MTRN OSIS PLNT CNK ZENV BMR, cash 9%
Stocktrader
Hi Stocktrader,
ReplyDeleteBought NVDA.NE @ $32.30 in Toronto
Saleem