Friday, February 17, 2017

Indices closed UP .02% to .41%...NICE !!!!

Indices closed UP after digesting gains for couple of days. Indices closed @ high of the day and @ new all time highs, a sign of pent up demand for equities.

S&P 500 @ 2349.01, high 2349.04, low 2339.58

RSI @ 77.40

CMF @ 0.419

Internals were :

UP volume led by .97 to 1 in NYSE & 1.83 to 1 in Nasdaq

Advancing stocks led by .87 to 1 in NYSE & 1.26 to 1 in Nasdaq

VIX Down 2.30% @ 11.49

Oil @ $53.40

Gold @ $1239.10

Canadian $ @ .6884

Stocks which were UP 1% or more included AMD OCLR
AKS SWKS OLED TWTR LULU SBUX JKS CSIQ 
FSLR TSLA FEYE MU DATA SWIR CSOD X
M ORCL....

Here is my portfolio weighting :

BIDU   19.97%

TECK  17.26%

OCLR  16.64%

AMD   14.58%

CNQ    14.27%

CY        9.73%

FCX     7.55%

Next post by 2 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem




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