Friday, September 2, 2016

Indices closed UP .39% to .43%....NICE !!!!

Indices closed UP on a huge miss on jobs report, means more confusion on interest rake hike or stay put, Oil & Gold moved UP and US$ went down.

S&P 500 @ 2179.98, high 2184.87, low 2173.59

RSI @ 55.25

CMF @ 0.101

Internals were :

UP volume led by 5.69 to 1 in NYSE & 2.23 to 1 in Nasdaq

Advancing stocks led by 4.25 to 1 in NYSE & 2.25 to 1 in Nasdaq

Net new 52 wk highs were leading by 216 in NYSE & 156 in Nasdaq

VIX Down 11.13% @ 11.98

Oil @ $44.44

Gold @ $1326.70

Canadian $ @ .7001

Stocks which were UP 1% or more included CNQ GG
PANW SPLK EGO ABX KGC SU CSIQ CHK SWN
TK WB LNG BABA SPWR AMCC SLW SWIR
CSOD MGA FCX ZG AGU.....

In my portfolio ....Added 130% CNQ @  $31.82

Here is my weighting :

GOOG   35.93%

CMG     24.46%

VRX      11.48%

GG       10.66%

CNQ      8.26%

JCP       6.31%

AKS      2.90%

Next post by 2 PM on Sunday.

BLOG does NOT give buy or sell.

Enjoy long weekend!

Saleem

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