Friday, March 22, 2019

Stocks closed down 1.77% to 2.50%.....

Stocks closed @ low of the day.Trigger for this selling was weak Germany manufacturing data, this caused fear of a global slowdown.

S&P 500 @ 2800.71, low 2800.47, high 2846.16

RSI @ 53.91

CMF @ -0.017

Internals were :

Down volume led by 5.88 to 1 in NYSE & 5.32 to 1 in Nasdaq

Declining stocks led by 3.69 to 1 in NYSE & 4.90 to 1 in Nasdaq

Net new 52 wk high were leading by 173 in NYSE & low by 17 in Nasdaq

VIX UP 20.91% @ 16.48

Oil @ $59.04

Gold @ $1312.30

Canadian $ @ .6590

Stocks which closed green included TWTR
PHM MCD CMG.....

Here is my portfolio weighting ;

AMD          26.00%

TWTR        21.00%

TSLA         18.70%

SQ            18.50%

ESTC          9.30%

BZUN         6.50%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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