Friday, May 13, 2016

Indices closed down .41% to 1.05%....

Indices closed down on lower oil & higher US$. All indices are below 50 DMA, Nasdaq below 50 & 200 DMA.

S&P 500 @ 2046.61, low 2043.13, high 2066.79

RSI @ 43.96

CMF @ 0.088

Internals were :

Down volume led by 4.46 to 1 in NYSE & 1.18 to 1 in Nasdaq

Declining stocks led by 2.04 to 1 in NYSE & 1.42 to 1 in Nasdaq

Net new 52 wk highs were leading by 80 in NYSE & lows by 44 in Nasdaq

VIX UP 4.37% @ 15.04

Oil @ $46.21

Gold @ $1272.70

Canadian $ @ .7060 US$

Stocks which closed UP includedCMG NTES TWTR 
VRX ABX PANW SPWR AAPL CTSH LNKD
NFLX TSLA EBAY FFIV SSYS FEYE WB
YELP AAL SLW AEM DATA TRIP 
MLNX....

Here is my weighting :

BIDU 20.48%

NTES 19.67%

CMG  16.79%

CNQ  13.87%

TWTR 8.39%

JKS     7.71%

JCP     6.95%

SBUX 6.14%

Next post by 2 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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