Indices closed UP on better than expected economic data in US. All indices closed @ highest point of the day, S&P 500 and Nasdaq @ the-highest point, Dow missed it by few tick. Anytime indices close @ highest point, it is showing technical strength for future.
S&P 500 @ 2263.79, high 2263.79, low 2258.84
RSI @ 65.97
CMF @ -0.053
Internals were :
UP volume led by 1.76 to 1 in NYSE & 2.00 to 1 in Nasdaq
Advancing stocks led by 1.48 to 1 in NYSE & 2.20 to 1 in Nasdaq
Net new 52 wk highs were leading by 62 in NYSE & 48 in Nasdaq
VIX UP 0.09% @ 11.44
Oil @ $53.02
Gold @ $1133.60
Canadian $ .6465
Stocks which closed green included BIDU BAC
MU C CHK NVDA NEFF NTES ABX OLED
TSLA FFIV PCLN TK WB LNG CIEN GS
MLNX DATA CSOD MGA MS SLW AEM
M PANW LRCX CNX QRVO.....
Here is my portfolio weighting :
CMG 26.33%
BAC 22.90%
BIDU 22.11%
AMD 16.12%
TECK 6.94%
FCX 5.60%
Next post by 2 PM on Sunday.
BLOG does NOT give buy or sell.
Wishing all of BLOG visitors a merry Christmas!
Saleem
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