Thursday, March 24, 2016

Indices closed mixed......

Indices staged a comeback despite low oil & gold prices. Indices closed mixed but @ high of the day while internals were mostly positive.

S&P 500 @ 2035.94, low 2022.49, high 2036.04

RSI @ 63.30

CMF @ 0.323

Internals were :

UP Volume led by 1.25 to 1 in NYSE & 1.04 to 1 in Nasdaq

Advancing stocks led by 1.05 to 1 in NYSE & 1.17 to 1 in Nasdaq

Net new 52 wk highs were leading by 45 in NYSE & lows by 25 in Nasdaq

VIX Down 1.34% @ 14.74

Oil @ $39.46

Gold @ $1221.60

Canadian $ @ .6731

Stocks which were UP 1% or more included ABX
LULU SPLK AMZN GG CTSH TSLA RIG
YELP AMCC CIEN AMBA AEM ZG
DATA SWIR CSOD WYNN...

Here is my weighting :

CMG   16.40%

BIDU  16.08%

NTES  12.57%

QRVO 10.28%

JKS       7.24%

ABX     7.07%

TWTR   6.92%

V          6.45%

SBUX  6.09%

JCP    5.70%

MSFT 5.20%

Next post around 2 PM on Sunday

BLOG does NOT give buy or sell.

Enjoy 3 day break from market....

Saleem

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