Friday, March 1, 2019

Indices closed UP .43% to .83%....NICE !!!!

Indices closed UP and near high of the day despite weak data worldwide. Optimism on progress in trade negotiation between US & China.

S&P 500 @ 2803.69, high 2808.02, low 2787.38

RSI @ 69.35

CMF @ 0.258

Internals were :

UP volume led by 1.73 to 1 in NYSE & 1.88 to 1 in Nasdaq

Advancing stocks led by 1.78 to 1 in NYSE & 1.86 to 1 in Nasdaq

Net new 52 wk highs were leading by 135 in NYSE & 77 in Nasdaq

VIX Down 8.19% @ 13.57

Oil @ $55.80

Gold @ $1299.20

Canadian $ @ .6705

Stocks which were UP 1% or more included AMZN SHOP 
ESTC NVDA MU ROKU KORS AAPL VICR FSLR 
PRNB CRUSCSIQ JKS EXPE OLED CHK RIG 
MLNX GOOG MA MS OSTK NKE CNX......

Here is my portfolio weighting :

TWTR          39.70%

SQ               39.10%

TSLA           21.20%

40% of my normal exposure

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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