Friday, December 1, 2017

Indices closed down .17% to .38%......

Indices closed down but well of lows of the day, Dow went down 350 points on FBI charges to former key aide to President Trump. Tax passage hope erased most of the losses by close.

S&P 500 @ 2642.22, low 2605.52, high 2650.62

RSI @ 73.11

CMF @ 0.343

Internals were :

UP volume led by 1.33 to 1 in NYSE & .75 to 1 in Nasdaq

Advancing stocks led by 1.04 to 1 in NYSE & .65 to 1 in Nasdaq

Net new 52 wk highs were leading by 119 in NYSE & 58 in Nasdaq

VIX UP 1.33% @ 11.43

Oil @ $58.36

Gold @ $1282.30

Canadian $ @ .7294 UP 1.79 cent against US$....huge rally in Canadian $ as Canada created 80,000 new jobs, unemployment went down to lowest level in last 10 years.

Stocks which closed green included CTRP
VRX LULU SNAP TWTR CNQ SU FCX
TECK LVS ABX EXPE EBAY RIG LNG
WYNN GS MS MLNX MGA ORCL
MCD MSFT CMG X M CNX....

Here is my portfolio weighting :

BIDU     27.31%

AMD      24.93%

SHOP    16.80%

CTRP     16.15%

BZUN      9.56%

MOMO   5.25%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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