Friday, March 8, 2019

Indices closed down .09% to .21%......

Indices closed down to eliminate all the froth, this was back to back 5 day of losses in all indices. Jobs report was well below expectations with lowest job creation in a long time.

S&P 500 @ 2743.07, low 2722.27, high 2744.13

RSI @ 49.35

CMF @ 0.149

Internals were :

Down volume led by 1.35 to 1 in NYSE & 1.21 to 1 in Nasdaq

Declining stocks led by 1.35 to 1 in NYSE & 1.21 to 1 in Nasdaq

Net new 52 wk lows were leading by 4 in NYSE & 17 in Nasdaq

VIX Down 3.25% @ 16.05

Oil @ $56.07

Gold @ $1299.30

Canadian $ @ .6570

Stocks which were UP included TSLA
SHOP NVDA MU ROKU AEM GG
VICR FSLR PRNB CRUS CIEN
CTRP LRCX YY GS MS SWKS
KBH CMG......

Here is my portfolio weighting :

TSLA          24.50%

TWTR        23.30%

SQ              22.40%

AMD          18.90%

ESTC         10.90%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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