Friday, March 9, 2018

Indices closed UP 1.74% to 1.79%....NICE !!!!

Jobs report was better than superb 313K vs 200K expected, that pushed Nasdaq to new all time high, Down & S&P 500 are above key technical level of 50 DMA.....new highs begets series of new highs.Indices closed @ absolute high of the day.

S&P 500 @ 2786.57, high 2786.57, low 2751.54

RSI @ 59.20

CMF @ 0.242

Internals were :

UP volume led by 4.44 to 1 in NYSE & 2.42 to 1 in Nasdaq

Advancing stocks led by 2.77 to 1 in NYSE & 2.81 to 1 in Nasdaq

Net new 52 wk highs were leading by 101 in NYSE & 235 in Nasdaq

VIX Down 11.49% @ 14.64

Oil @ $62.04

Gold @ $1324.00

Canadian $ @ .7177

Stocks which were UP 2% or more included CHK MOMO
GOOG OLED BIDU AMAT FCX GE LRCX MA MSFT
NFLX VECO YELP WYNN MS CRUS TNA AAL.....

Here is my portfolio weighting :

FSLR      26.90%

NVDA    25.90%

CTRP     19.20%

BZUN    19.00%

SNAP      9.00%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem




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