Friday, April 22, 2016

Indices closed mixed.....

Indices fought back negativity of poor earnings and ended up mixed. All indices closed near high of the day. There are plenty of buying power on any dip. Internals were all positive.

S&P 500 @ 2091.58, high 2094.32, low 2081.20

RSI @ 63.23

CMF @ 0.113

Internals were :

UP volume led by 2.27 to 1 in NYSE & 1.28 to 1 in Nasdaq

Advancing stocks led by 2.42 to 1 in NYSE & 1.68 to 1 in Nasdaq

Net new 52 wk highs were leading by 70 in NYSE & 24 in Nasdaq

VIX Down 5.23% @ 13.22

Oil @ $43.73

Gold @ $1230.00

Canadian $ @ .7326

Stocks which closed green included FEYE JKS QRVO 
CNQ LNG PANW NXPI SPLK SPWR COH CTSH
NFLX TSLA SU FFIV CIEN DATA SWIR MS 
GS VRX ZG......

In my portfolio...Bought BIDU @ $188.70

Here is my weighting :

NTES 15.43%

CMG  14.66%

ABX   13.35%

QRVO 9.46%

BIDU  7.90%

JCP     7.89%

JKS     7.76%

TWTR 7.14%

FEYE  5.94%

SBUX 5.73%

MSFT 4.74%

Next post by 2 PM on Sunday

BLOG does NOT give buy or sell.

Saleem

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