Friday, March 10, 2017

Indices closed UP .21% to .39%....NICE !!!!

Indices closed UP on jobs report exceeding expectations in US & Canada. Oil continued its slump. AH AMD is included as part of  S&P 500, many institutions, mutual funds and S&P 500 index has to buy AMD as per inclusion. Indices closed near high of the day. Market internals were positive all over.

S&P 500 @ 2372.60, high 2376.86, low 2363.04

RSI @ 63.70

CMF @ 0.374

Internals were :

UP volume led by 2.08 to 1 in NYSE & 1.69 to 1 in Nasdaq

Advancing stocks led by 2.04 to 1 in NYSE & 1.39 to 1 in Nasdaq

Net new 52 wk highs were leading by 5 in NYSE & 58 in Nasdaq

VIX Down 5.20% @ 11.66

Oil @ $48.49

Gold @ $1201.40

Canadian $ @ .6530

Stocks which were UP 1% or more included AMD CY TECK
GG ABX SLW AEM KGC SWKS VRX CTRP MLNX
COH CSOD MGA KORS KBH OPK AAL PANW
LRCX JKS LEN CSIQ FFIV RIG FEYE LNG...

In my portfolio...Added 50% OCLR @ $8.83

Here is my portfolio weighting :

BIDU   22.35%

CNQ    18.34%

CY       17.43%

AMD   14.76%

OCLR  14.27%

TECK  12.85%

Next post by 2 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem




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