Friday, October 23, 2015

Indices closed UP .90% to 2.27%....NICE !!!!

Indices closed near high of the day on strong earnings and Chinese rate cut. All indices closed above 200 DMA and @ new high in this bull move.

S&P 500 @ 2075.15, high 2079.74, low 2058.19

RSI @ 67.21

CMF @ 0.331

Internals were :

UP volume led by 1.50 to 1 in NYSE & 3.37 to 1 in Nasdaq

Advancing stocks led by 1.44 to 1 in NYSE & 1.99 to 1 in Nasdaq

Net new 52 wk highs were leading by 62 in NYSE & 74 in Nasdaq

VIX UP .07% @ 14.46

Oil @ $44.60

Gold @ $1162.80

Canadian $ @ 68.24

Stocks which were UP 2% or more BIDU FB FIT NFLX VDSI
AMZN LNKD GOOGL AAPL SWIR TWTR BABA
MU LVS YHOO DNKN EBAY SPWR YNDX
HIMX CRUS C X ABX SLW GG WYNN.....

Here is my weighting :

FB      26.25%

LULU 17.43%

CNQ   15.15%

VDSI  13.01%

BIDU  12.14%

FIT      10.87%

NFLX   5.15%

Exposure 310%

Next post by 2 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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