Friday, July 28, 2017

Indices closed mixed....

Indices closed mixed due to AMZN miss. Dow made an intraday all time high.Oil was higher which helped.

S&P 500 @ 2472.10, low 2464.66, high 2473.53

RSI @ 62.90

CMF @ 0.229

Internals were :

Down volume led by 1.24 to 1 in NYSE & 1.32 to 1 in Nasdaq

Declining stocks led by .86 to 1 in NYSE & 1.17 to 1 in Nasdaq

Net new 52 wk highs were leading by 58 in NYSE & 8 in Nasdaq

VIX UP 1.78% @ 10.29

Oil @ $49.71

Gold @ $1268.40

Canadian $ @ .7563...2 year high against US$..

Stocks which were UP 1% or more     MOMO OCLR SPWR WB
CTRP IAG KGC GG ABX NTES NVDA BABA BIDU FB JKS COH
CSIQ SINA EXPE SU FFIV TK TRIP MLNX CSOD SHOP FSLR...

In my portfolio :

Bought MOMO      @ $43.26

Bought VRX           @ $16.75

Bought SPWR         @ $11.39

Added 150% SWIR @ $29.90

Here is my portfolio weighting :

SWIR     24.57%

OCLR    21.10%

WB        15.08%

MOMO 14.51%

TWTR  12.68%

VRX      8.32%

SPWR  3.74%

Next post by 2 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem




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