Friday, December 14, 2018

Indices closed down 1.91% to 2.26%.....

Indices closed near low of the day on Fed hiking interest rates, trade war and growth slowing worldwide.DOW lost 487 points lowest close since May 2018, S&P 500 closed @ the lowest level since February 2018.

S&P 500 @ 2599.95, low 2593.84, high 2635.07

RSI @ 36.43

CMF @ 0.052

Internals were :

Down volume led by 4.55 to 1 in NYSE & 3.42 to 1 in Nasdaq

Declining stocks led by 3.63 to 1 in NYSE & 3.17 to 1 in Nasdaq

Net new 52 wk lows were leading by 736 in NYSE & 507 in Nasdaq

Oil Down $51.20

Gold Down $1241.40

Canadian $ @ .6608

Green close included MTCH MU KORS
WB SINA AMD MLNX CGC TRIL...

Here is my portfolio weighting :

NVDA          35.80%

SQ                35.40%

BZUN          20.60%

MOMO         8.20%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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