Friday, August 24, 2018

Indices closed UP .52% to .86%.....NICE !!!!

Indices closed near high of the day. S&P 500 and Nasdaq closed @ new all time high. Fed chief looking @ gradual hike in interest rates.

S&P 500 @ 2874.69, high 2876.16, low 2862.35

RSI @ 63.88

CMF @ 0.038

Internals were :

UP volume led by 2.36 to 1 in NYSE & 2.62 to 1 in Nasdaq

Advancing stocks led by 2.50 to 1 in NYSE & 1.76 to 1 in Nasdaq

Net new 52 wk highs were leading by 154 in NYSE & 159 in Nasdaq

VIX Down 3.38% @ 11.99

Oil @ $68.72

Gold @ $1213.30

Canadian $ @ .6972

Stocks which were UP 2% or more included    NVDA AMD
SPLK DQ PANW BIDU BILI EAF MU VICR SHOP ABX
CSIQ FCX GG KGC MA NFLX ROKU FEYE LNG
YELP JKS MLNX AEM.....

In my portfolio :

Sold AMD @ $23.50

Bought FB @ $174.32

Here is my portfolio weighting :

BZUN       20.50%

NVDA       18.40%

FB             15.70%

HUYA       13.50%

IQ             11.00%

SQ            10.60%

NXPI        10.30%

Next post by 6 PM on Sunday

BLOG does NOT give buy or sell.

Saleem 



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