Friday, February 23, 2018

Indices closed UP 1.39% to 1.77%....NICE !!!!

Indices closed UP and @ high of the day on falling bond yield. Market internals were very strong.Technology stocks were strong.

S&P 500 @ 2747.30, high 2747.76, low 2713.74

RSI @ 53.70

CMF @ -0.87

Internals were :

UP volume led by 5.45 to 1 in NYSE & 4.25 to 1 in Nasdaq

Advancing stocks led by 4.54 to 1 in NYSE & 2.82 to 1 in Nasdaq

Net new 52 wk highs were leading by 12 in NYSE & 5 in Nasdaq

VIX Down 11.91% @ 16.49

Oil @ $63.55

Gold @ $1330.30

Canadian $ @ .7339

Stocks which were UP included BZUN NVDA AAPL FB 
WB BABA FFIV LEN GOOG LRCX MOMO MU NFLX
QRVO SINA TSM ALDR TWLO TK RIG GS MS OSTK
SPLK TNA M PANW CNX.....

Here is my portfolio weighting :

FSLR     26.30%

CTRP    20.20%

SQ        17.80%

NTES   17.70%

BZUN  15.60%

SNAP    2.50%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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