Friday, June 10, 2016

Indices closed down .67% to 1.29%......

Indices were under severe selling pressure worldwide on BREXIT latest poll numbers showing yes vote in lead, yield fell to record low in Europe and lower in US. Oil also fell below $50 which added more negativity.

S&P 500 @ 2096.07, low 2089.96, high 2109.57

RSI @ 54.24

CMF @ 0.209

Internals were :

Down volume led by 6.18 to 1 in NYSE & 4.31 to 1 in Nasdaq

Declining stocks led by 4.24 to 1 in NYSE & 3.75 to 1 in Nasdaq

Net new 52 wk highs were leading by 120 in NYSE & lows by 7 in Nasdaq

VIX UP 16.33% @ 17.03

In my portfolio...Sold KGC @ $5.24

Stocks which closed green included ABX TZA

Here is my weighting :

CMG   21.05%

BIDU  19.92%

UA      14.62%

CNQ    12.43%

TWTR 12.14%

SBUX  8.55%

JCP      7.10%

VRX    4.19%

Next post by 2 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem


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