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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