Tuesday, December 17, 2024

Indices closed down .32% to 1.18%.....

 Indices closed down.

S&P 500 @ 6050.61, low 6035.19, high 6057.68

Internals :

Down volume led by 1.94 to 1 in NYSE & 1.07 to 1 in Nasdaq

Declining stocks led by 2.78 to 1 in NYSE & 2.50 to 1 in Nasdaq

Net new lows were leading by 101 in NYSE & 244 in Nasdaq

VIX UP 8.03% @ 15.87

Oil @ $70.08

Gold @ $2663.30

Canadian $ @ .5682

Portfolio GOOG AAPL MU

MSFT BTCC CRM RIOT GDXJ SMCI....

BLOG does NOT give buy or sell.

Saleem 

7 comments:

stocktrader_1996 said...

Hi Saleem,

Sold PRGS @ 68.53

After evaluating which company I would sell to raise cash for a new idea, I decided upon this one. A more mature IT company that is in the stage of "acquire to grow", I'm not sure it fits the usual growth prospects for which I ultimately look.

Bought RZLV @ 3.75

The majority of my thesis lies within this analyst note:

Northland starts 'genAI pure play' Rezolve AI with an Outperform
As previously reported, Northland analyst Michael Latimore initiated coverage of Rezolve AI (RZLV) with an Outperform rating and $5 price target. Rezolve's proprietary, commerce-focused language model provides intelligent natural language interactions with online shoppers, making it like "having the best salesperson interact with every online shopper" in a customer's online store, the analyst tells investors. The company "brings the promise of genAI to digital engagements, helping to increase revenue," the analyst added. Rezolve is "one of the only pure play, public genAI companies," says the firm, which is encouraged by all the tier 1 partners that have signed up to sell Rezolve, such as Microsoft (MSFT) and Google (GOOGL) and estimates $19.5M of revenue in FY25 and $52.4M in FY26.

Added remaining cash to UEC @ 7.63

Given the intense energy needs of AI services in the future, nuclear has become a newly more viable solution.

Stocktrader

Stock Rookie said...

Good luck with the swapped and a new stock recommendation!

Stocks100 said...

Hi Stocktrader,

Good luck with swap & more UEC.....

Saleem

Stocks100 said...

Hi Stocktrader,

Added 100% GDXJ @ $45.60

Saleem

Stocks100 said...

Hi Stocktrader,

Bought AVGO.NE @ $54.50

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with the dip buying!

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Sold SOUN @ 21.05 to take profits

Bought TNA @ 42.70 on this dip

Stocktrader