Friday, August 18, 2017

Indices closed down .09% to .35%......

Indices closed down again, White House let go of Chief Strategist did not help by close. Too much political uncertainty for investors and traders.

S&P 500 @ 2425.55, low 2420.69, high 2440.27

RSI @ 37.19

CMF @ -0.017

Internals were :

Down volume led by 1.11 to 1 in NYSE & 1.33 to 1 in Nasdaq

Advancing stocks led by 1.12 to 1 in NYSE & 1.04 to 1 in Nasdaq

Net new 52 wk lows were leading by 132 in NYSE & 94 in Nasdaq

VIX Down 8.30% @ 14.26

Oil @ $48.51

Gold @ $1291.60

Canadian $ UP 64 tick @ .7413

Stocks which were UP 1% or more included CTRP SPWR
WB BABA MU JKS CSIQ CHK TK RIG LNG TRIP
SNAP SHOP ULTA OPK LRCX CNX......

Here is my portfolio weighting :

FB         38.46%

NVDA   25.68%

MOMO 15.49%

OCLR  11.91%

SPWR   4.90%

CTRP   3.56%

Next post by 2 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem


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