Friday, March 3, 2017

Indices closed UP .01% to .16%...NICE !!!!

Indices closed UP after being down earlier in the day, Fed officials are preparing for a March interest rate hike. Oil was up which helped indices to turn green and closed @ highest level of the day.

S&P 500 @ 2383.12, high 2383.89, low 2375.39

RSI @ 72.41

CMF @ 0.460

Internals were :

UP volume led by 1.33 to 1 in NYSE & .99 to 1 in Nasdaq

Advancing stocks led by 1.05 to 1 in NYSE & .97 to 1 in Nasdaq

Net new 52 wk highs were leading by 35 in NYSE & 37 in Nasdaq

VIX Down 7.20% @ 10.96

Oil @ $53.33

Gold @ $1226.50

Canadian $ @ .6580

Stocks which were UP 1% or more included CNQ OCLR
MU NTES ABX KGC SLW AEM EXPE FNSR TK
LNG SNAP TRIP MS KBH AAL.....

Here is my portfolio weighting :

BIDU   24.05%

CNQ    19.01%

CY       18.64%

TECK  14.11%

AMD   12.62%

OCLR  11.57%

Next post by 2 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem



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