Indices closed down on political news, while GDP growth of 2.9% was pretty good, but it was ignored. Oil was down as OPEC meets.
S&P 500 @ 2126.41, low 2119.36, high 2140.72
RSI @ 41.05
CMF @ -0.108
Internals were :
Down volume led by 1.49 to 1 in NYSE & 1.53 to 1 in Nasdaq
Declining stocks led by 1.49 to 1 in NYSE & 1.41 to 1 in Nasdaq
Net new 52 wk lows were leading by 24 in NYSE & 85 in Nasdaq
VIX UP 5.4% @ 16.19
Oil @ $48.70
Gold @ $1276.80
Canadian $ @ 66.15
Stocks which were UP 1% or more included AMD BIDU
AKS KORS FB SPLK ABX AEM TWTR LULU LVS
LEN EXPE MA AMCC FCX ZG TRIP MLNX
CSOD CRUS PANW .....
Here is my weighting :
CNQ 23.37%
AAPL 18.65%
VRX 16.69%
CMG 16.18%
BIDU 11.78%
TWLO 8.13%
AMD 5.20%
Next post by 2 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
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