Friday, November 22, 2013

Indices closed UP .34% to .57%....NICE !!!!

TAPE was strong to close @ new record highs in all indices.

S&P 500 @ 1804.76, high 1804.84

RSI @ 66.53

CMF @ 0.265

Internals were :

UP volume led by 1.98 to 1 in NYSE & 1.46 to 1 in Nasdaq

Advancing stocks led by 1.63 to 1 in NYSE & 1.60 to 1 in Nasdaq

Net new 52 wk highs were leading by 166 in NYSE & 202 in Nasdaq

VIX Down 3.16% @ 12.26, heading towards 11.05 reached on March 14,2013 which is a 52 wk low..

Oil @ $94.84

Gold @ $1244.10

Canadian $ @ 94.65

Stocks which closed green included ARUN JKS QIHU
MU KORS AMCC PANW M SPLK MCD CCJ
MA V CSOD BBRY MS LVS GS AMZN
LRCX C YHOO DNKN YUM....

In my portfolio :

Sold FNSR $20.71

Sold TSL $15.93

Bought QIHU $87.36

Bought JKS $33.89

Here is my weighting :

JKS 38.66%

SINA 34.47%

QIHU 16.46%

ARUN 10.41%

Exposure 110%

Next post by 2 PM on Sunday

BLOG does NOT give buy or sell.

Saleem

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