Tuesday, October 22, 2024

Indices closed mixed.....

 Indices closed mixed, Nasdaq was green.

S&P 500 @ 5851.20, low 5821.17, high 5863.04

Internals :

Down volume led by 1.07 to 1 in NYSE & .55 to 1 in Nasdaq

Declining stocks led by 1.37 to 1 in NYSE & 1.26 to 1 in Nasdaq

Net new highs were leading by 128 in NYSE & 29 in Nasdaq

VIX Down .93% @ 18.20

Oil @ $72.09

Gold @ $2754.30

Canadian $ @ .6165

In my portfolio Added 60% SMCI.NE @ $15.76

Portfolio LULU MSFT BTCC.B SMCI CMG BTC AAPL

Internals were weak....

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Good luck with the portfolio adjustments!

I was out of town last Wed-Sun and before I left I was looking at IONQ again. I wish I had picked it up *before* I departed. I'm still looking at it now, but more importantly I think charts/companies like these with recent bearish to bullish behavior, some short interest, and a potentially longer term emerging growth story are ways to capture some larger gains heading into year end. I'm looking at PCT in that same vein.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Welcome back.....

Good to look @ new stocks with good formation.....

Good luck with new ideas$$$

Saleem