Friday, December 29, 2017

Indices closed down .48% to .67%.....

Indices closed @ low of the day, financials were the reason for this weak close.

S&P 500 @ 2673.61, low 2673.61, high 2692.12

RSI @ 60.95

CMF @ -0.108

Internals were :

Down volume led by 2.08 to 1 in NYSE & 3.04 to 1 in Nasdaq

Declining stocks led by 1.46 to 1 in NYSE & 1.91 to 1 in Nasdaq

Net new 52 wk highs were leading by 167 in NYSE & 132 in Nasdaq

VIX UP 8.45% @ 11.04

Oil @ $60.42

Gold @ $1309.30

Canadian $ @ .7483....8 day high against US$

Stocks which closed green included RIOT LTEA TEUM LFIN
BABA GE GG ABX KGC SU WYNN AGU MLNX SPLK....

Here is my portfolio weighting :

BIDU        26.10%

SHOP       15.80%

CTRP       14.70

SQ            10.80%

MOMO      9.80%

MRVL        9.60%

WB             9.20%

MARA        3.90%

Next post by 6 PM on Monday ( this is a change due to long weekend )

HAPPY NEW YEAR !

BLOG does NOT give buy or sell.

Saleem

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