Friday, May 12, 2017

Indices closed mixed....

Indices closed mixed on poor retail earnings and fed talk of 2 more rate hikes. Nasdaq closed up as big technology stocks continue to outperform.

S&P 500 @ 2390.88, low 2387.19, high 2392.44

RSI @ 58.14

CMF @ 0.236

Internals were :

Down volume led 1.63 to 1 in NYSE & 1.13 to 1 in Nasdaq

Declining stocks led by 1.32 to 1 in NYSE & 1.39 to 1 in Nasdaq

Net new 52 wk highs were leading by 33 in NYSE & 59 in Nasdaq

VIX Down 1.89% @ 10.40

Oil @ $47.84

Gold @ $1227.70

Canadian $ @ .6281

Stpocks which were UP 1% or more included   OCLR
TWTR AMZN QRVO NVDA AAPL NFLX CTRP
AMD TECK LVS WYNN ABX SLW AEM DNKN
FEYE LNG TRIP SWIR SNAP OPK PANW....

Here is my portfolio weighting :

OCLR   31.39%

CNQ     27.23% 

CY        21.25%

FB        20.13%

Next post by 2 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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