Friday, August 29, 2014

Indices closed UP .11% to .50%....NICE !!!!

Indices closed UP @ high of the day in new record high mode again. Enjoy this long weekend as market is closed in Canada & US, rest of the world is open including Asia & Europe.

S&P 500 @ 2003.37, high 2003.38, low 1994.65

RSI @ 66.34

CMF @ 0.286.....another 4 wk high..money pouring in equities.

Internals were :

UP volume led by 2.68 to 1 in NYSE & 3.60 to 1 in Nasdaq

Advancing stocks led by 2.31 to 1 in NYSE & 2.36 to 1 in Nasdaq

Net new 52 wk highs were leading by 167 in NYSE & 52 in Nasdaq

VIX Down .58% @ 11.98

Oil @ $95.96

Gold @ $1287.40

Canadian $ @ 91.42

Stocks which were UP 1% or more included EGO FB
SWIR GG LNKD TSLA GRPN OWW KOG
SINA ONVO INVN HIMX CRUS AMCC
LSCC CIEN FNSR PANW SPLK X
AEM CCJ DATA CSOD.....

Here is my weighting :

LULU 21.32%

MITL 19.11%

MU    18.66%

EGO   15.48%

FB      14.27%

RAD  11.16%

Exposure 200%

Next post by 2 PM on Sunday.

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Saleem


2 comments:

stocktrader_1996 said...

Hey Saleem,

I am heading on vacation with the family for the weekend--not sure if we'll be back Monday or Tuesday. The portfolio gained 1.09% versus the S&P's +0.75%--a nice way to finish the month!

Have a great long weekend! :)

Stocktrader

Stocks100 said...

Hi Stocktrader,

Another outperformance by your portfolio,which is a good thing

Enjoy your long weekend.

Saleem