Friday, March 29, 2019

Indices closed UP .67% to .82%....NICE !!!!

Indices closed near high of the day confirming this UP move. Catalyst for today's move was progress between US & China on trade talk in China, talk resumes next week in US.

S&P 500 @ 2834.40, high 2836.03, low 2819.23

RSI @ 60.06

CMF @ 0.053

Internals were :

UP volume led by 2.00 to 1 in NYSE & 2.23 to 1 in Nasdaq

Advancing stocks led by 1.73 to 1 in NYSE & 1.40 to 1 in Nasdaq

Net new 52 wk highs were leading by 159 in NYSE & 30 in Nasdaq

VIX Down 4.99% @ 13.71

Oil @ $60.14

Gold @ $1298.50

Canadian $ .6666

Stocks which were UP 2% or more included BZUN
IQ MU HUYA WB AAL CGC AMAT BABA JKS
FFIV MRVL QRVO YY NTNX ALDR LNG
SINA OSTK SWKS ...

In my portfolio :

Sold BZUN @ $41.57

Added 100% ESTC @ $79.98

Here is my portfolio weighting :

AMD           24.90%

TWTR         20.60%

TSLA          19.50%

SQ              18.20%

ESTC         16.90%

Next post by 6 PM on Sunday

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Last week: +3.34% (YTD: +3.86%)
Notable Winners: KRYS IBP ORTX TENB LQDA
Notable Losers: SAIL RUN

It was another outperforming week, and mostly thanks to KRYS again. I finally sold it as the run was massive, and I hope the rest of the portfolio and new picks can perform now.

Holdings: ORTX SWKS LITE IBP PANW TWTR SPLK SAIL RUN MHO LQDA TENB TRIL, cash 0.0%

I will be on a family vacation all this coming week, but I'll be keeping an eye on things!

Stocktrader

Stocks100 said...


Hi Stocktrader,

Enjoy your vacation with family.

Last week UP 1.87%

YTD UP 84.04%

Saleem