Indices closed down despite good Jobs data but Trump is ready for another $200+++ billion tariff for China, that dampened the spirit of traders.
S&P 500 @ 2871.68, low 2864.12, high 2883.81
RSI @ 53.64
CMF @ 0.109
Internals were :
Down volume led by 1.50 to 1 in NYSE & 1.21 to 1 in Nasdaq
Declining stocks led by 2.23 to 1 in NYSE & 1.24 to 1 in Nasdaq
Net new 52 wk low were leading by 104 in NYSE & highs by 22 in Nasdaq
VIX UP 1.57% @ 14.88
Oil @ $67.75
Gold @ $1200.40
Canadian $ @ .6827
Stocks which were UP 1% or more included SQ
BABA BILI CSIQ EXPE MOMO OLED WB
PANW ROKU FEYE LNG FNSR OSTK
ABX AEM ULTA TSM......
Here is my portfolio weighting :
BZUN 20.10%
SQ 17.20%
FB 15.60%
HUYA 14.50%
NXPI 11.30%
IQ 11.00%
CRUS 10.30%
Next post by 6 PM on Sunday
BLOG does NOT give buy or sell.
Saleem
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