Friday, May 5, 2017

Indices closed UP .26% to .42%....NICE !!!!

All major indices closed @ absolute high of the day, S&P 500 and Nasdaq closed @ new all time high. Jobs report of 211k was better than expected 190k. Oil also rebounded which helped bullish case.

S&P 500 @ 2399.29, high 2399.29, low 2389.38

RSI @ 65.55

CMF @ 0.078

Internals were :

UP volume led by 3.99 to 1 in NYSE & 2.20 to 1 in Nasdaq

Advancing stocks led by 2.66 to 1 in NYSE & 1.39 to 1 in Nasdaq

Net new 52 wk highs were leading by 159 in NYSE & 109 in Nasdaq

VIX UP 1.05% @ 10.57

Oil @ $46.22

Gold @ $1226.90

Canadian $ @ .6301

Stocks which were UP 2% or more included CNQ OCLR
TSLA FNSR OLED SWIR VRX TECK KGC SLW
 AEM JKS CSIQ SPWR SU CHK TK RIG LNG
FEYE DATA CSOD CNX.....

Here is my portfolio weighting :

OCLR   31.43%

CNQ     29.47%

FB        21.66%

CY       17.44%

Next post by 2 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem 

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