Oil lit the fire on indices again. All indices closed @ high of the day.Internals were strong & all positive.
S&P 500 @ 2022.19, high 2022.37, low 1994.71
RSI @ 65.28
CMF @ 0.360
Internals were :
UP volume led by 5.97 to 1 in NYSE & 5.40 to 1 in Nasdaq
Advancing stocks led by 5.07 to 1 in NYSE & 3.74 to 1 in Nasdaq
Net new 52 wk highs were leading by 147 in NYSE & 10 in Nasdaq
VIX Down 8.59% @ 16.50
Oil @ $38.50
Gold @ $1259.40
Stocks which were UP 2% or more included
BIDU JKS NTES QRVO
PANW SPLK SPWR PCLN CNQ
CTSH LEN CSIQ YHOO SINA EXPE
FFIV LNG VDSI BABA YELP CRUS MU
AMCC CIEN FEYE AMBA AAL CCJ DATA
SWIR CSOD MGA ORCL MS VRX CTRP ZG
WYNN TRIP MLNX....
In my portfolio :
Sold CNQ @ $27.44
Bought JCP @ $11.28
Bought TWTR twice, $16.59, $16.78
Here is my weighting :
BIDU 20.91%
NTES 16.47%
ABX 13.28%
QRVO 11.12%
JKS 9.11%
TWTR 8.01%
V 6.82%
SBUX 6.58%
MSFT 5.56%
JCP 2.14%
Next post by 2 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
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