Friday, April 27, 2018

Indices closed mixed....

Indices closed mixed. Being Friday and weekly option expiry most stocks gave up huge gains despite good earnings. Monday will be a better indicator IF strong earnings are going to help stocks.

S&P 500 @ 2669.91, high 2677.35, low 2659.01

RSI @ 50.40

CMF @ 0.012

Internals were :

UP volume led by 1.30 to 1 in NYSE & .84 to 1 in Nasdaq

Advancing stocks led by 1.42 to 1 in NYSE & 1.07 to 1 in Nasdaq

Net new 52 wk highs were leading by 128 in NYSE & 5 in Nasdaq

VIX Down 5.11% @ 15.41

Oil @ $68.10

Gold @ $1323.40

Canadian $ @ .7135

Stocks which closed green included FSLR NVDA SQ
SOXS SPLK HAL BIDU SHOP NTES AMZN 
BABA CSIQ EXPE FFIV MSFT SINA VRX
TSLA ALDR ULTA NKE KBH CMG M
AAL CNX.....

Here is my portfolio weighting :

NVDA       29.30%

FSLR        26.90%

BZUN       14.10%

MOMO     12.30%

SNAP         9.20%

SQ             8.20%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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