Indices closed mixed after being UP @ start of the day, only Dow closed @ new all time high. S&P 500 made a new intraday all time high.Indices closed near low of the day on profit taking and old fear of tariff being imposed on China starting next week.
S&P 500 @ 2929.67, low 2927.11, high 2940.91
RSI @ 67.62
CMF @ 0.127
Internals were :
UP volume led by 1.14 to 1 in NYSE & .57 to 1 in Nasdaq
Advancing stocks led by 1.02 to 1 in NYSE & .82 to 1 in Nasdaq
Net new 52 wk highs were leading by 72 in NYSE & 51 in Nasdaq
VIX Down 1.02% @ 11.68
Oil @ $70.78
Gold @ $1201.30
Canadian $ @ .7083
Stocks which closed green included BZUN AMAT CIEN
LRCX LULU OLED SPLK TSLA WB YY RIG FEYE
TRIP ORCL OSTK MCD SU MSFT SWKS NKE
KBH V AAL M.....
In my portfolio....added 30% AMD @ $31.02 seconds before close.
Here is my portfolio weighting :
AMD 22.70%
FB 22.60%
BZUN 16.40%
SQ 13.50%
CRUS 13.40%
HUYA 11.40%
Next post by 6 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
I listened to MU's call last night and they mentioned a shortage of CPUs as contributing to a delay in memory shipments, and then this morning an analyst made positive commentary on AMD for the same thing. I like the AMD add as it seems many factors going its way at the moment.
Stocktrader
Hi Stocktrader,
Appreciate your posting of ongoing news re some of my position.
Saleem
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