Thursday, October 10, 2024

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

2 comments:

stocktrader_1996 said...

Hi Saleem,

Rebought my MSTR stake @ 209.12

Even though bitcoin is flat since my sell, the stock has appreciated significantly. I take that as a sign my thesis is playing out instead of the stock being overextended.

I am tempted to sell my TZA today given what should have been bearish news for small caps this week (poor economic/sentiment data, hotter inflation than expected, higher interest rates) was greeted with more buying, but I'll give it a few more days.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Good luck with Michael Saylor AGAIN $$$$

Saleem