Trade war took a huge toll in world markets. By the time we closed, we had the worst week in 16 months. S&P 500 is literally hanging by a thread above 200 DMA, Dow slightly above 200 DMA, Nasdaq half way to 200 DMA....
S&P 500 @ 2588.26, low 2585.89, high 2657.67
RSI @ 29.98......deeply oversold
CMF @ -0.181
Internals were :
Down volume led by 4.96 to 1 in NYSE & 3.95 to 1 in Nasdaq
Declining stocks led by 3.95 to 1 in NYSE & 3.72 to 1 in Nasdaq
Net new 52 wk lows were leading by 201 in NYSE & 81 in Nasdaq
VIX UP 6.56% @ 24.87
Oil @ $65.88
Gold @ $1349.90
Canadian $ @ .7127
Stocks which closed green included HAL ABX GG KGC AEM
CSIQ SU WYNN NKE KBH CNX.....
Here is my portfolio weighting :
MU 27.20%
NVDA 24.20%
FSLR 19.50%
CTRP 12.10%
BZUN 11.60%
SNAP 5.40%
Next post by 6 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
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