Indices closed mixed despite rising trade tension, Dow was down almost 400 points @ low but closed @ 70 points lower. Dow & S&P 500 are still below 50 DMA but Nasdaq made a double bottom below 50 DMA and closed above 50 DMA, 2nd test of 50 DMA may be the final test for Nasdaq for now.Indices closed near high of the day.
S&P 500 @ 2691.25, high 2696.25, low 2647.32
RSI @ 45.62
CMF @ -0.096
Internals were :
UP volume led by 2.32 to 1 in NYSE & 2.73 to 1 in Nasdaq
Advancing stocks led by 1.68 to 1 in NYSE & 2.99 to 1 in Nasdaq
Net new 52 wk lows were leading by 135 in NYSE & 9 in Nasdaq
VIX Down 12.82% @ 19.59
Oil @ $61.25
Gold @ $1323.40
Canadian $ @ .7117....new 4 months low against US$
Stocks which were UP 2% or more included BZUN FSLR SNAP
MOMO WB JKS LRCX MU NFLX QRVO SWKS SINA
TWTR ALDR CHK TK FEYE YELP MLNX OSTK
SPLK TNA CMG M .....
Here is my portfolio weighting :
FSLR 33.90%
CTRP 24.10%
BZUN 18.80%
SQ 16.20%
SNAP 7.00%
Next post by 6 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
No comments:
Post a Comment