Friday, November 3, 2017

Indices closed UP .10% to .74%....NICE !!!!

Indices closed UP despite poor jobs data, Indices closed near high of the day and made new all time highs in DOW, S&P 500 and Nasdaq.

S&P 500 @ 2587.84, high 2588.42, low 2576.77

RSI @ 70.40

CMF @ 0.165

Internals were :

Down volume led by 1.03 to 1 in NYSE & .61 to 1 in Nasdaq

Declining stocks led by 1.08 to 1 in NYSE & 1.02 to 1 in Nasdaq

Net new 52 wk highs were leading by 69 in NYSE & by 74 in Nasdaq

VIX Down 7.96% @ 9.14

Oil @ $55.64

Gold @ $1269.20

Canadian $ @ .7229

Stocks which were UP 2% or more included AMD TSLA 
SQ AAPL FNSR OLED SNAP SPWR FSLR SBUX
VRX CHK RIG LNG PANW.....

Here is my portfolio weighting :

AMD      30.05%

TSLA      24.82%

CTRP     18.81%

WB         15.64%

SHOP    10.68%

Next post by 6 PM on Sunday

BLOG does NOT give buy or sell.

Saleem

1 comment:

explorer said...

Hi Stocktrader,

Thanks for confirming the QCOM deal. I took a small position of 5 calls of 70 DEC 15 for 55 cents. Just playing a black jack here

Hi Saleem,
Thanks for the blog. I'll be researching if I can short PCLN on Monday but any comments from both of you would be a great help

Thanks,
Explorer