Dow & S&P 500 were higher @ close & Nasdaq took a well deserved rest.
S&P 500 closed @ 1361.23, high was 1363.40.
RSI @ 70.49
Internals were mostly positive.
New 52 wk highs were in lead again, 174 in NYSE & 123 in Nasdaq
VIX took another tumble of 7.49% @ 17.78
Oil closed @ $104.06
Gold closed @ $1725.20
Portfolio remained the same, AMZN,CNQ,RIMM,RVBD
Stocks which ended green included AMZN,CNQ,
CMG,COH,CF,GES,PCLN,MOS,M,FIO,BWLD,
MA,V,TSL,JCP,VECO,JDSU,FNSR,C,CRUS....
About market, another impressive close with higher highs despite
Monthly / weekly Option Expiry, No Greece resolution & long
weekend for US & Canada.
Next post by 2 PM Sunday.
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hey Saleem,
Here's the current portfolio:
KOG - 10.6%
APKT - 9.8%
SWC - 9.6%
GLNG - 9.5%
CF - 9.4%
LEN - 9.3%
MS - 9.2%
GHDX - 9.1%
MU - 9.1%
CLF - 9.0%
GWMGF - 3.4%
APWC - 2.1%
(cash) - 0.05%
It is getting trickier to find great values, but the rotating runs in sectors should make stock-picking worthwhile and allow the market to grind higher.
Have a great long weekend! :)
Stocktrader
Hi Stocktrader,
Thanks for posting your portfolio weighting.
Bull market rarely gives bargain, which is a good thing.
Momentum will take hold $$$$.
Enjoy your 3 day break from tickers!!!!
Saleem
China cuts bank reserve ratio to spur growth
Associated Press – 46 minutes ago
http://finance.yahoo.com/news/china-cuts-bank-ratio-spur-141235068.html
Hi Stocktrader,
This news is another positive for Tuesday TAPE.
Saleem
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