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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