Monday, November 25, 2024

Indices closed UP .30% to 1.47%.....

 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

2 comments:

stocktrader_1996 said...

Hi Saleem,

Sorry 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

Stocks100 said...

Hi Stocktrader,

Bought NVDA.NE @ $32.30 in Toronto

Saleem