Friday, June 2, 2017

Indices closed UP .29% to .94%...NICE !!!!

Indices closed near top of the range despite poor jobs report and lower oil. All indices closed @ new all time highs.

S&P 500 @ 2439.07, high 2440.23, low 2427.71

RSI @ 69.56

CMF @ .387

Internals were:

UP volume led by .85 to 1 in NYSE & 1.74 to 1 in Nasdaq

Advancing stocks led by 1.40 to 1 in NYSE & 2.07 to 1 in Nasdaq

Net new 52 wk highs were leading by 307 in NYSE & 
307 in Nasdaq ( not a typo )

VIX Down 1.42% @ 9.75

Oil @ $47.66

Gold @ $1280.20

Canadian $ @ .6499

Stocks which were UP 1% or more included FB MOMO OLED
LULU IAG NTES AMZN MU AAPL NFLX UA SBUX MA
JKS LEN MSFT DNKN EBAY CIEN SHOP SPLK ULTA
NKE KBH OPK LRCX....

Here is my portfolio weighting :

OCLR   28.28%

FB        25.12%

OLED  13.68%

WB      12.19%

MOMO  8.89%

SWIR    6.04%

BABA   5.80%

Next post by 2 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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