Friday, June 24, 2016

Indices closed down 3.39% to 4.12%.....

Brexit leave vote took a toll on world markets, ironically FTSE was down only 3.15% vs European exchange STOXX down 6.70%, USA slump was in between. Oil tumbled but Gold & US$ took off.

S&P 500 @ 2037.30, low 2032.57, high 2103.81

RSI @ 38.06

CMF @ 0.070

Internals were :

Down volume led by 12.03 to 1 in NYSE & 8.15 to 1 in Nasdaq

Declining stocks led by 5.47 to 1 in NYSE & 5.20 to 1 in Nasdaq

Net new 52 wk highs were leading by 90 in NYSE & lows by 76 in Nasdaq

VIX UP 49.33% @ 25.76

Oil @ $47.64

Gold @ $1322.40

Canadian $ @ .7048

Stocks which closed green included AUY GG ABX KGC SLW AEM

Here is my weighting :

CMG   21.51%

CNQ   19.27%

UA      14.72%

TWTR 14.71%

SBUX   8.81%

JCP      7.57%

VRX     7.25%

NTES   6.16%

Next post by 2 PM on Sunday

BLOG does NOT give buy or sell.

Saleem

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