Lot of bullish talk by ex fed chief and fed governor, oil was sharply higher, but we lost momentum around close and barely closed UP.
S&P 500 @ 2047.60, high 2060.63, low 2041.69
RSI @ 56.39
CMF @ 0.256
Internals were :
UP volume led by 3.15 to 1 in NYSE & 1.19 to 1 in Nasdaq
Advancing stocks led by 3.15 to 1 in NYSE & 1.33 to 1 in Nasdaq
Net new 52 wk highs were leading by 96 in NYSE & 11 in Nasdaq
VIX Down 4.95% @ 15.36
Oil @ $39.72
Gold @ $1243.80
Canadian $ @ .7005
Stocks which were UP 1% or more included CNQ JKS QRVO
ABX CTRP LNG NXPI SPLK GG SU YUM RIG WB MU
CIEN SWIR AGU.....
In my portfolio :
Sold ABX @ $15.25
Added 100% FEYE @ $17.51
Bought QRVO @ $48.89
Here is my weighting :
CNQ 21.74%
CMG 16.12%
NTES 12.79%
QRVO 10.99%
TWTR 7.43%
JKS 7.43%
SBUX 6.54%
FEYE 6.24%
JCP 5.37%
MSFT 5.35%
Next post by 2 PM on Sunday
BLOG does NOT give buy or sell.
Saleem
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