Friday, January 6, 2017

Indices closed UP .32% to .60%...NICE !!!!

Indices closed UP on weaker than expected jobs data and weaker economic numbers in US. All major indices made a new all time high. Major technology stocks were strong.

S&P 500 @ 2276.98, high 2282.10, low 2264.06

RSI @ 64.51

CMF @ 0.038

Internals were :

Down volume led by 1.23 to 1 in NYSE & .68 to 1 in Nasdaq

Declining stocks led by 1.11 to 1 in NYSE & 1.21 to 1 in Nasdaq

Net new 52 wk highs were leading by 104 in NYSE & 74 in Nasdaq

VIX Down 3.00% @ 11.32

Oil @ $53.99

Gold @ $1173.40

Canadian $ .6784

Stocks which closed green included   AMD FCX
HBAN C NVDA AMZN GOOG CMG FB UA
LVS V AAPL SBUX QRVO MSFT TSLA 
EXPE EBAY YUM PCLN MA RIG LNG 
WYNN GS MS TRIP MCD CRUS AAL
PANW LRCX......

Here is my portfolio weighting :

BIDU    21.72%

BAC      20.95%

CNQ      17.65%

AMD     14.36%

TECK     6.48%

GG          5.58%

FCX        5.51%

PI            5.18%

OCLR     2.57%

Next post by 2 PM on Sunday

BLOG does NOT give buy or sell.

Saleem 




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