Indices closed down on profit taking and rotation back into financials. Nasdaq was the weakest as big technology stocks were sharply lower.
S&P 500 @ 2238.83, low 2333.62, high 2253.58
RSI @ 51.68
CMF @ 0.035
Internals were :
Down volume led by 2.07 to 1 in NYSE & 2.64 to 1 in Nasdaq
Declining stocks led by 1.23 to 1 in NYSE & 1.49 to 1 in Nasdaq
Net new 52 wk highs were leading by 49 in NYSE & 15 in Nasdaq
VIX UP 5.01% @ 14.04
Oil @ $53.72
Gold @ $1151.70
Canadian $ .6573
Stocks which closed green included BAC
HBAN C GS MS PI CMG VRX TK
FEYE BABA MLNX DATA ....
Here is my portfolio weighting :
BAC 24.48%
BIDU 24.29%
CNQ 20.72%
AMD 17.26%
TECK 7.40%
FCX 5.85%
Next post by 2 PM on Sunday
BLOG does NOT give buy or sell.
Wishing a very happy new year to all BLOG visitors !
Saleem
No comments:
Post a Comment