Friday, August 14, 2015

Indices closed UP .29% to .40%...NICE !!!!

Indices closed UP near high of the day, internals improved substantially.

S&P 500 @ 2091.54, high 2092.45, low 2080.61

RSI @ 49.16

CMF @ 0.006

Internals were :

UP volume led by 1.87 to 1 in NYSE & 1.46 to 1 in Nasdaq

Advancing stocks led by 2.15 to 1 in NYSE & 1.76 to 1 in Nasdaq

Net new 52 wk lows were leading by 52 in NYSE & 29 in Nasdaq

VIX Down 4.89% @ 12.83

Oil @ $42.50

Gold @ $1112.70

Canadian $ @ 69.46

Stocks which closed UP 1% or more included   FB LULU VDSI
FIT TSL YELP BIDU SWIR COH BIDU TWTR JKS SINA
EBAY SPWR QIHU SPLK STLD DATA AGU TRIP.....

Here is my weighting :

FB       31.49%

LULU 30.43%

GPRO 13.74%

RAD   13.01%

VDSI  11.33%

Exposure 272%

Next post by 2 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

2 comments:

Charlie Fallon said...

With currencies devaluing and interest rate looming in US do you think it is good time to buy some EGO? Thanks

Stocks100 said...

Hi Charlie,

IF you are bullish on gold, then AEM is my favourite pick.

Saleem