Friday, January 4, 2019

Indices UP 3.29% to 4.26%....NICE !!!!

Indices closed sharply higher on blowout jobs number and positive remarks by Fed chief Powell. China & US also starting trade negotiations next week added fuel to the bullish fire.

S&P 500 @ 2531.94, high  2558.07, low 2474.33

RSI @ 46.77

CMF @ -0.122

Internals were :

UP volume led by 20.23 to 1 in NYSE & 9.66 to 1 in Nasdaq

Advancing stocks led by 7.64 to 1 in NYSE & 6.22 to 1 in Nasdaq

Net new 52 wk lows were leading by 14 in NYSE & 26 in Nasdaq

VIX Down 15.99% @ 21.38

Oil @ $47.96

Gold @ $1285.80

Canadian $ @ .6594

Stocks which were UP 4% ++ included AMD MOMO NVDA SQ
MU MTCH BZUN SHOP ROKU BIDU AAL PHM KBH AAPL
ESTC SPLK FB FSLR PRNB AMAT AMZN BABA CIEN
CSIQ EXPE GOOG LRCX NFLX OLED QRVO TSLA
TWTR WB YY NTNX ALDR WYNN LVS MA MS
MSFT SWKS V X......

Here is my portfolio weighting :

NVDA        34.70%

AMD          24.20%

SQ              20.80%

MOMO      13.00%

FEYE          7.30%

Next post by 6 PM on Sunday

BLOG does NOT give buy or sell.

Saleem

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