Friday, January 9, 2015

Indices closed down .68% to .95%.....

Jobs report was above consensus but huge gains of last two days triggered profit taking and weekly option expiry played a role.

S&P 500 @ 2044.81, low 2038.33, high 2064.43

RSI @ 49.53

CMF @ -0.103

Internals were :

Down volume led by 2.44 to 1 in NYSE & 1.86 to 1 in Nasdaq

Declining stocks led by 1.69 to 1 in NYSE & 1.87 to 1 in Nasdaq

Net new 52 wk highs were leading by 94 in NYSE & 25 in Nasdaq

VIX UP 3.17% @ 17.55

Oil @ $48.36

Gold @ $1216.10

Canadian $ @ 81.34

Stocks which were UP 1% or more included EGO GPRO NXPI
BITA GG YELP TWTR JKS FEYE FSLR AMCC GMCR
ABX SLW AEM WYNN TRIP.......

Here is my weighting :

MU     29.87%

EGO   23.30%

GPRO 13.54%

BBRY 11.89%

NXPI  10.22%

TSL     6.72%

AKS    4.46%

Exposure 216%

Next post by 2 PM on Sunday

BLOG does NOT give buy or sell.

Saleem



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