Friday, May 1, 2015

Indices closed UP 1.03% to 1.29%...NICE !!!!

Indices closed UP @ high of the day. All indices are above 50 DMA.

S&P 500 @ 2108.29, high 2108.41, low 2087.38

RSI @ 54.18

CMF @ 0.137

Internals were :

UP volume led by 2.53 to 1 in NYSE & 2.93 to 1 in Nasdaq

Advancing stocks led by 1.54 to 1 in NYSE & 1.51 to 1 in Nasdaq

Net new 52 wk highs were leading by 6 in NYSE & lows by 30 in Nasdaq

VIX Down 12.71% @ 12.70

Oil @ $59.15

Gold @ $1174.50

Canadian $ @ 78.29

Stocks which were UP 1% or more included BBRY KORS RAD
LEN FEYE YY BIDU PCLN AAPL NXPI MU SWIR 
WUBA JKS CSIQ EXPE CMG EBAY YUM
FFIV MA YNDX HIMX CRUS SNDK
BRCM LSCC FNSR AAL SBUX
MCD SLW AEM MGA 
WYNN MLNX.......

Here is my weighting :

LULU 24.60%

GPRO 17.96%

BBRY 16.18%

KORS 15.56%

RAD     9.47%

VDSI    8.45%

AKS     7.78%

Exposure 268%

Next post by 2 PM on Sunday

BLOG does NOT give buy or sell.

Saleem

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