Friday, January 12, 2018

Indices closed UP .67% to .89%....NICE !!!!

Indices closed UP on good earnings and retail report. Dow, S&P 500 and Nasdaq all closed @ new all time highs, new 52 wk highs climbed to its highest level in a long time. CMF also improved in all major index.

S&P 500 @ 2786.24, high 2787.85, low 2769.64

RSI @ 83.42

CMF @ 0.218

Internals were :

UP volume led by 1.82 to 1 in NYSE & 1.37 to 1 in Nasdaq

Advancing stocks led by 1.17 to 1 in NYSE & 1.54 to 1 in Nasdaq

Net new 52 wk highs were leading by 3338 in NYSE & 405 in Nasdaq

VIX UP 2.83% @ 10.16

Oil @ $64.30

Gold @ $1334.90

Canadian $ @ .7481

Stocks which were UP 1% or more included
BIDU MARA MRVL SHOP WB
RIOT AAPL BZUN NFLX TWTR CNQ GG BAC TECK GOOG
AMZN ABX KGC QRVO SWKS MSFT DNKN EXPE SU YUM
FFIV PCLN FNSR CHK TK FEYE YELP WYNN TRIP MLNX
MGA OTCL MS AEM ULTA KORS AAL M CNX......

Here is my portfolio weighting :

BIDU        22.40%

WB           17.20%

SHOP      14.00%

SQ           13.90%

CTRP      12.60%

MRVL       8.40%

MOMO     8.40%

MARA      3.20%

Next post by 6 PM on Monday ( market is closed on Monday for MLK holiday )

BLOG does NOT give buy or sell.

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