Friday, August 3, 2018

Indices closed UP .12% to .54%...NICE !!!!

Indices closed higher despite weaker job growth and continued tit for tat tariff by US & China.

S&P 500 @ 2840.35, high 2840.38, low 2827.37

RSI @ 63.01

CMF @ 0.192

Internals were :

UP volume led by 2.08 to 1 in NYSE & .82 to 1 in Nasdaq

Advancing stocks led by 1.50 to 1 in NYSE & .71 to 1 in Nasdaq

Net new 52 wk highs were leading by 107 in NYSE & 23 in Nasdaq

VIX Down 4.51% @ 11.64

Oil @ $68.49

Gold @ $1223.20

Canadian $ @ .7021

Stocks which were UP 1% or more included BIDU
CRUS WB SBUX NTES LEN EBAY LULU GG
ABX AMAT YUM FCX CHK FNSR ORCL
IBM CNX......

Here is my portfolio weighting :

IQ           14.90%

NVDA    14.60%

HUYA    14.10%

FB         13.80%

BIDU    13.70%

BZUN   11.70%

NXPI      9.30%

SQ          7.90%

Next BLOG by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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