Friday, May 19, 2017

Indices closed UP .47% to .69%....NICE !!!!

Indices closed UP on strong buying and higher oil.

S&P 500 @ 2381.73, high 2389.06, low 2370.43

RSI @ 51.05

CMF @ 0.190

Internals were :

UP volume led by 5.85 to 1 in NYSE & 2.59 to 1 in Nasdaq

Advancing stocks led by 3.12 to 1 in NYSE & 1.75 to 1 in Nasdaq

Net new 52 wk highs were leading by 61 in NYSE & 45 in Nasdaq

VIX Down 17.87% @ 12.04

Oil @ $50.33

Gold @ $1253.60

Canadian $ .6461

Stocks which were UP 1% or more included BABA CNQ OCLR
CTRP SWIR AMD OTEX IAG BIDU NTES FNSR MA JKS
COH LEN CSIQ SU YUM CHK LNG FSLR SPWR CIEN
AGU MLNX DATA MGA MS CRUS KORS KBH AAL
X M PANW LRCX CNX.....

Here is my portfolio weighting :

OCLR    24.36%

FB          22.86%

CNQ       22.62%

OLED     12.63%

WB         12.09%

BABA      5.44%

Next post by 2 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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