Friday, December 8, 2017

Indices closed UP .40% to .55%....NICE !!!!

Indices closed UP after government funding was approved for 2 weeks, jobs report was better than expected. S&P 500 closed @ new all time high, internals were strong. 

S&P 500 @ 2651.50, high 2651.65, low 2644.10

RSI @ 71.63

CMF @ 0.143

Internals were :

UP volume led by 2.85 to 1 in NYSE & 1.96 to 1 in Nasdaq

Advancing stocks led by 1.46 to 1 in NYSE & 1.23 to 1 in Nasdaq

Net new 52 wk highs were leading by 92 in NYSE & 47 in Nasdaq

VIX Down 5.71% @ 9.58

Oil @ $57.36

Gold @ $1248.40

Canadian $ .7132

Stocks which were UP 1% or more included BZUN MOMO
TSLA BABA NFLX OLED SNAP LULU SPWR FSLR
JKS VRX TECK UA LVS V MSFT SINA EBAY
FNSR LNG FSLR ORCL MS AEM ULTA NKE
KORS KBH OPK X M......

Here is my portfolio weighting :

BIDU         32.45%

SHOP       19.51%

CTRP       17.84%

BZUN      12.35%

WB           11.09%

MOMO      6.76%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem


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