Indices closed down .94% to 1.15%.....

Indices closed @ low of the day on weak economic data ignoring rise in oil prices. S&P 500 & Dow are below 50 & 200 DMA while Nasdaq closed below 50 DMA still above 200 DMA.

S&P 500 @ 2043.94, low 2043.62, high 2062.54

RSI @ 47.57

CMF @ -0.021

Internals were :

Down volume led by 2.05 to 1 in NYSE & 2.53 to 1 in Nasdaq

Declining stocks led by 1.62 to 1 in NYSE & 1.83 to 1 in Nasdaq

Net new 52 wk lows were leading by 7 in NYSE & 49 in Nasdaq

VIX UP 5.32% @ 18.21

Oil @ $37.04

Gold @ $1060.20

Canadian $ @ 61.77

Stocks which closed green included BITA CNQ
TCK NTES TWTR SWIR TSL LULU TSLA
CSIQ SINA YELP QIHU SPLK SU ABX
SLW AEM CCJ COH WYNN.....

Here is my weighting :

FB     29.00%

CNQ  12.60%

BITA 11.10%

VDSI  10.82%

NFLX 10.56%

CY        9.74%

FIT        9.54%

BBRY   6.63%

Exposure 324%

Next post by 2 PM on Sunday.

Wishing a very happy & prosperous New Year to all BLOG visitors !

BLOG does NOT give buy or sell.

Saleem