Friday, December 5, 2014

Indices closed UP .17% to .33%....NICE !!!!

TAPE was positive today as Jobs report surpassed all expectations, despite fear of uptick in interest rate in mid 2015, indices closed positive & made new all time highs in Dow & S&P 500.

S&P 500 @ 2075.37, high 2079.47, low 2070.81

RSI @ 67.89

CMF @ 0.323

Internals were :

UP volume led by 1.00 to 1 in NYSE & 1.71 to 1 in Nasdaq

Advancing stocks led by 1.10 to 1 in NYSE & 1.99 to 1 in Nasdaq

Net new 52 wk highs were leading by 38 in NYSE & 43 in Nasdaq

VIX @ 11.82, 10.28 is 52 wk low

Oil @ $65.84 @ 5 year low

Gold @ $1190.40

Canadian $ @ 85.62 @ 5 year low

Stocks which were UP 1% included BBRY NXPI TSL
MU SWIR OTEX YY EXPE YHOO KORS OWW
FB RVBD JKS CSIQ HIMX ARUN CRUS 
SNDK AMCC LSCC CIEN JDSU C
FNSR SPLK SBUX MS TRLA
Z......

Here is my weighting :

EGO  27.52%

LULU 27.50%

BBRY 16.60%

NXPI 13.30%

TSL    8.73%

AKS   6.35%

Exposure 184%

Next post by 2 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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