Friday, August 5, 2016

Indices closed Up .86% to 1.06%...NICE !!!!

Indices closed @ high of the day with new all time closing high on S&P 500 and much awaited Nasdaq. Job growth of 255K gave the push to the indices on a summer Friday.

S&P 500 @ 2182.87, high 2182.87, low 2168.79

RSI @ 64.56

CMF @ 0.320

Internals were :

UP volume led by 2.73 to 1 in NYSE & 2.47 to 1 in Nasdaq

Advancing stocks led by 2.64 to 1 in NYSE & 2.57 to 1 in Nasdaq

Net new 52 wk highs were leading by 246 in NYSE & 143 in Nasdaq

VIX Down 8.29% @ 11.39

Oil @ $41.80

Gold @ $1344.40

Canadian $ @ .6820

Stocks which were UP 1% or more included
GOOG CNQ NTES JCP UA
BIDU COH SPWR PCLN QRVO
AAPL NXPI FFIV MA SSYS RIG WB
LNG YELP MU AMCC CIEN AAL M TCK
LRCX CRUS DATA CSOD MGA MS GS.....

Here is my weighting :

GOOG  29.14%

NTES   22.53%

CMG   17.93%

CNQ     8.72%

JCP      7.00%

VRX     6.54%

UA       5.67%

GG      2.47%

Next post by 2 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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