Friday, July 1, 2016

Indices closed UP .11% to .41%...NICE !!!!

Indices closed UP on Higher oil and lower US$ plus better than expected manufacturing in US.

S&P 500 @ 2102.95, high 2108.71, low 2097.90

RSI @ 55.50

CMF @ 0.041

Internals were :

UP volume led by 2.07 to 1 in NYSE & 1.57 to 1 in Nasdaq

Advancing stocks led by 1.76 to 1 in NYSE & 1.67 to 1 in Nasdaq

Net new 52 wk highs were leading by 420 in NYSE & 118 in Nasdaq

VIX Down 5.50% @ 14.77

Oil @ $48.99

Gold @ $1399.00

Canadian $ @ .7085

Stocks which were UP 1% or more included TWTR VRX
LNG GOOG PCLN AMZN EGO GG KGC ABX SU
JKS NFLX TSLA YHOO DNKN EXPE EBAY
CHK SWN RIG AAL TCK SLW AEM 
CSOD FCX WYNN......

In my portfolio :

Added 25% NTES @ $185.26

Here is my weighting :

NTES  20.35%

CMG   17.35%

CNQ   16.37%

UA      13.08%

TWTR 12.70%

SBUX  7.54%

JCP     6.57%

VRX    6.01%

Next post by 2 PM on Sunday

BLOG does NOT give buy or sell.

Enjoy long weekend !

Saleem

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