Indices got a shocker in lousy jobs report and downward revision to last 2 months, after slumping @ open, indices fought its way back to close near high of the day. Gold rocketed UP $30+ which gave a solid runup from lowest level.
S&P 500 @ 2099.13, low 2085.36, high 2104.07
RSI @ 59.95
CMF @ 0.220
Internals were :
Down volume led by 1.07 to 1 in NYSE & 2.19 to 1 in Nasdaq
Declining stocks led by .83 to 1 in NYSE & 1.62 to 1 in Nasdaq
Net new 52 wk highs were leading by 245 in NYSE & 40 in Nasdaq
VIX Down 1.17% @ 13.47
Oil @ $48.62
Gold @ $1240.10
Canadian $ @ .7052
Green close included CNQ JCP ABX PCLN GG KGC SLW AEM
NTES DNKN LULU AAPL QRVO SWN WB YELP CIEN
TCK SU CSOD ORCL ABU MLNX......
In my portfolio :
Sold ABX @ $19.00
Bought UA @ $36.64
Added 50% SBUX @ $55.00
Here is my weighting :
CMG 21.24%
BIDU 19.84%
UA 13.06%
CNQ 12.75%
JKS 10.14%
TWTR 8.06%
SBUX 8.02%
JCP 6.89%
Next post by 2 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
No comments:
Post a Comment