Friday, June 1, 2018

Indices closed UP .90% to 1.51%...NICE !!!!

Indices closed @ high of the day on blockbuster jobs report and confirmation of US and North Korea meeting.Nasdaq was the star of the day but some Chinese small cap ran away.

S&P 500 @ 2734.62, high 2736.93, low 2718.70

RSI @ 56.92

CMF @ 0.195

Internals were :

UP volume led by 2.24 to 1 in NYSE & 2.72 to 1 in Nasdaq

Advancing stocks led by 2.49 to 1 in NYSE & 2.41 to 1 in Nasdaq

Net new 52 wk highs were leading by 106 in NYSE & 162 in Nasdaq

Oil @ $65.81

Gold @ $1299.30

Canadian $ @ .7047

In my portfolio :

Bought NVDA @ $254.10 in pre market

Bought BILI @ $16.40...in pre market...

Added 75% CNQ @ $34.74... after open

Stocks which were UP 2% or more included BIDU BILI NVDA
MU HUYA MOMO INTC SPLK MS JD GOOG BABA AMD
AMAT LRCX LULU MRVL MA NFLX SU TSLA TWTR
NTNX ALDR TRIP FNSR SWKS KORS X CNX.....

Here is my portfolio weighting :

BIDU        31.90%

NVDA       29.60%

WB           19.30%

CNQ        11.90%

BILI         7.30%  

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

I didn't realize MOMO was at 10B market cap, wow! I regretted missing the move in my retirement account but caught some of the gains this week in my trading account. HUYA remains a core long term holding for me no matter the market cap.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with HUYA....it will remain on my radar...once it cools down....

All Chinese portfolio is now 2 Chinese and 3 US / Canada....more of what it should be...

Good luck with HUYA....

Saleem