Friday, April 6, 2018

Indices closed down 2.19% to 2.34%.....

Indices closed down sharply lower on renewed trade war strategy.Dow was down 767 points @ low of the day.All indices closed above 200 DMA although S&P 500 dipped below before close

S&P 500 @ 2604.47, low 2586.27, high 2656.88

RSI @ 41.82

CMF @ -0.213

Internals were :

Down volume led by 11.28 to 1 in NYSE & 2.31 to 1 in Nasdaq

Declining stocks led by 3.88 to 1 in NYSE & 3.59 to 1 in Nasdaq

Net new 52 wk lows were leading by 29 in NYSE & 22 in Nasdaq

VIX UP 13.46% @ 21.49...high today 23.12

Oil @ $62.06

Gold @ $1336.10

Canadian $ @ .7234

Stocks which closed green included BZUN SPWR ABX GG AEM
OSTK ULTA.......

Here is my portfolio weighting :

NVDA     29.70%

FSLR      25.70% 

BZUN     16.00%

SNAP     15.10%

MOMO 13.40%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

\Saleem


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