Friday, November 2, 2018

Indices closed down .43% to 1.04%......

Indices closed down after being UP sharply on conflicting trade talks with China, I believe it is ongoing now. DOW closed above 200 DMA only index to do so, S&P 500 and Nasdaq below 200 DMA.

S&P 500 @ 2723.06, low 2700.44, high 2756.55

RSI @ 43.53

CMF @ -0.061

Internals were :

Down volume led by 1.30 to 1 in NYSE & 1.01 to 1 in Nasdaq

Declining stocks led by 1.29 to 1 in NYSE & .94 to 1 in Nasdaq

Net new 52 wk lows were leading by 123 in NYSE & 32 in Nasdaq

VIX UP .88% @ 19.51

Oil @ $63.14

Gold @ $1233.40

Canadian $ @ .6887

Stocks which were UP 1% or more included KORS SQ
SPLK VICR FSLR CRUS CIEN JKS ALDR TK GS
MLNX OSTK ULTA X M ......

In my portfolio :

Sold AAPL @ $210.00
Bought BIDU $194.39
Bought MOMO @ $37.10 & $36.70
Bought GG @ $9.65


Here is my portfolio weighting :

MOMO        36.90%

SQ               20.20%

GG              17.60%

KORS         15.20%

BIDU         10.10%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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