Friday, January 30, 2015

Indices closed down 1.03% to 1.45%.....

Indices faced another selling bout and closed @ low of the day. US GDP came in below expectations @ 2.6%.

S&P 500 @ 1994.99, low 1993.38, high 2023.32

RSI @ 41.78

CMF @ -0.005

Internals were :

Down volume led by 2.99 to 1 in NYSE & 3.58 to 1 in Nasdaq

Declining stocks led by 2.12 to 1 in NYSE & 2.86 to 1 in Nasdaq

Net new 52 wk highs were leading by 89 in NYSE & lows by 54 in Nasdaq

Oil @ $48.24

Gold @ $1279.20

Canadian $ @ 72.77 @ 6 yr low, Canadian GDP shrank by .2%, 

Stocks which closed green included AKS TSL 
GG OTEX TWTR YHOO LNKD GOOGL
JKS CSIQ AMZN DNKN SU MA V 
FEYE CRUS BRCM X ABX 
AEM CNQ SLW AGU.....

Here is my weighting :

MU    33.51%

EGO   21.30%

BBRY 14.94%

GPRO 14.24%

TSL      8.89%

AKS     7.12%

Exposure 208%

Next post by 2 PM on Sunday

BLOG does NOT give buy or sell.

Saleem

No comments: