Friday, May 18, 2018

Indices closed mixed....


Indices closed mixed on trade issues with China and North Korea uncertainty.

S&P 500 @ 2712.97, low 2709.18, high 2719.50

RSI @ 56.47

CMF @ 0.150

Internals were :

Down volume led by 1.62 to 1 in NYSE & 1.09 to 1 in Nasdaq

Declining stocks led by 1.01 to 1  in NYSE & 1.03 to 1 in Nasdaq

Net new 52 wk highs were leading by 56 in NYSE & 116 in Nasdaq

VIX Down .07% @ 13.42

Oil @ $71.28

Gold @ $1291.30

Canadian $ @ .7107

Stocks which were UP 1% or more included EAF MOMO RUN
BZUN NXPI VICR SPLK AMD LEN ROKU ALDR FEYE
YELP OSTK KBH......

In my portfolio :

Sold MOMO @ $$40.35

Sold CIEN @ $25.44 

Bought BIDU First @ $259.32 & added 70% @ $257.71

Added 40% HUYA @ $19.87

Here is my portfolio weighting :

NTES     26.80%

WB         23.90%

BIDU      22.90%

RUN       10.00%

EAF         8.80%

HUYA     7.60%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell. 

Saleem 

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