Indices closed mixed despite higher oil. Indices closed near low of the day on technology weakness.
S&P 500 @ 2423.41, high 2432.71, low 2421.65
RSI @ 49.36
CMF @ 0.094
Internals were :
UP volume led by 1.33 to 1 in NYSE & .83 to 1 in Nasdaq
Advancing stocks led by 1.59 to 1 in NYSE & .99 to 1 in Nasdaq
Net new 52 wk highs were leading by 56 in NYSE & 42 in Nasdaq
VIX Down 2.27% @ 11.18
Oil @ $46.04
Gold @ $1242.30
Canadian $ @ .7017....10 months high against US$
Stocks which closed green included LULU TWTR
TSLA OTEX KGC AAPL BABA UA LVS JKS
COH LEN MSFT EXPE EBAY YUM LNG
YELP WYNN MLNX MGA SHOP AEM
ULTA KORS NKE KBH AAL M...
Here is my portfolio weighting :
OCLR 21.89%
FB 19.06%
LULU 13.99%
BIDU 9.68%
SWIR 9.63%
WB 8.39%
MOMO 6.66%
TWTR 5.48%
BBRY 5.22%
Next post by 2 PM on Sunday
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Weekly recap:
Portfolio: -2.83% (YTD: +15.80%)
Winners: URI SWN BABA(thanks to a good sell/rebuy)
Losers: ZYNE MJCO GRUB AAOI COUP MU
Positions: RCL ZYNE URI FB MU ORCL SWKS BABA AAOI SWN COUP MJCO, cash 0.1%
It was a challenging week after a great one the week before. I didn't have quite the right balance of tech/non-tech to even this week out, but it's ok after such a huge run-up. I feel like tech is traditionally weak in July, so we'll have to see if this selloff was enough yet with earnings on the way. Stronger yields and oil definitely shifted the focus away for now.
Have a great holiday week/weekend! :)
Stocktrader
Hi Stocktrader,
Thanks for your update...15.8% YTD is very impressive.
Mine was flat for the week.....thanks to LULU and strong Canadian $.
Saleem
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