Friday, November 7, 2014

Indices closed mixed.....

Dow & S&P 500 @ a new all time high close. Jobs report was 21 K below expectations in US, while in Canada it was above 48.1 K. TAPE needed a rest in US while Canada was on fire with everything UP in Oil, Gold & base metals even Uranium came along for a huge ride.

S&P 500 @ 2031.92, high 2034.26, low 2025.07

RSI @ 67.04

CMF @ 0.357..@ highest level since July 14th, 2014

Internals were :

UP volume led by 1.92 to 1 in NYSE & 1.02 to 1 in Nasdaq

Advancing stocks led by 1.58 to 1 in NYSE & .97 to 1 in Nasdaq

Net new 52 wk highs were leading by 133 in NYSE & 45 in Nasdaq

VIX Down 4.02% @ 13.12

Oil @ $78.65

Gold @ $1169.80

Canadian $ @ 86.76

Stocks which were UP 2% or more included AKS EGO LULU
BBRY JCP GG BABA KOG SU BSFT ZNGA SPLK X
ABX SLW AEM CCJ WLT TRLA.....

Here is my weighting :

LULU 28.96%

EGO  25.59%

MU   23.41%

NXPI 13.90%

AKS   8.14%

Exposure 186%

Next post by 2 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

No comments: