Friday, May 11, 2018

Indices closed mixed.....

Indices closed mixed after a week where all indices stayed above 50 DMA. NVDA earning report put pressure on semiconductor stocks & Nasdaq.

S&P 500 @ 2727.72, high 2732.86, low 2716.46

RSI @ 61.48

CMF @ 0.156

Internals were :

UP volume led by 1.13 to 1 in NYSE & .83 to 1 in Nasdaq

Advancing stocks led by 1.24 to 1 in NYSE & 1.23 to 1 in Nasdaq

Net new 52 wk highs were leading by 205 in NYSE & 106 in Nasdaq

VIX Down 4.38% @ 12.65

Oil @ $70.70

Gold @ $1320.70

Canadian $ @ .7216

Stocks which closed green included SQ BIDU VICR MS
FB JD GOOG NTES LULU MA SU TECK TSM V
VRX ALDR LNG TRIP OSTK MCD ULTA M
KORS NKE CMG AAL.....

In my portfolio Bought WB @ $111.00

Here is my portfolio weighting :

NXPI      21.84%

FSLR      21.41%

WB         17.76%

CIEN      14.15%

BZUN    13.73%

MOMO  11.10%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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