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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