Friday, August 19, 2016

Indices closed down .03% to .24%.....

Indices closed down on jitters about interest rate hike timing. Indices closed near high of the day, oil closed UP again.

S&P 500 @ 2183.87, low 2175.13, high 2185.00

RSI @ 59.40

CMF @ 0.258

Internals were :

Down volume led by 1.38 to 1 in NYSE & .68 to 1 in Nasdaq

Declining stocks led by 1.45 to 1 in NYSE & 1.11 to 1 in Nasdaq

Net new 52 wk highs were leading by 115 in NYSE & 101 in Nasdaq

VIX Down .79% @ 11.34

Oil @ $48.52

Gold @ $1346.20

Canadian $ @ .7122

Stocks which were UP 1% or more included UA NTES BMY KORS
COH BIDU SPLK OLED FEYE YELP MU QRVO LRCX ZG
CRUS DATA.....

Here is my weighting :

GOOG   37.37%

CMG     24.07%

GG        12.62%

VRX      11.87%

JCP       7.06% 

CNQ     3.80%

AKS     3.21%

Next post by 2 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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