Friday, December 15, 2017

Indices closed UP .58% to 1.17%....NICE !!!!

Indices closed UP on optimism of tax reform which has passed after close. S&P 500, Dow & Nasdaq all closed @ new all time high.

S&P 500 @ 2675.81, high 2679.63, low 2659.14

RSI @ 72.86

CMF @ 0.007

Internals were :

UP volume led by 3.34 to 1 in NYSE & 2.62 to 1 in Nasdaq

Advancing stocks led by 2.25 to 1 in NYSE & 2.31 to 1 in Nasdaq

Net new 52 wk highs were leading by 93 in NYSE & 82 in Nasdaq

VIX Down 10.20% @ 9.42

Oil @ $57.30

Gold @ $1257.50

Canadian $ @ .7153

Stocks which were UP 1% or more included BZUN CTRP SHOP 
TSLA BABA AAPL NVDA AMD GE FB LULU SPWR BAC
TECK GOOG FCX UA JKS MSFT SINA DNKN EBAY TK
FEYE FSLR.......

Here is my portfolio weighting :

BIDU      28.60%

SHOP     18.10%

CTRP      16.20%

BZUN     11.80%

WB         10.10%

SQ             9.10%

MOMO     6.10%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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