Friday, May 10, 2019

Indices closed UP .08% to .44%...NICE!!!!

Indices closed UP after gyrating hard DOW down 358 points then closing UP 114, All index closed near high of the day, it was a day of news and more news about trade deal which never got done.

S&P 500 @ 28881.40, high 2891.31, low 2825.29

RSI @ 46.24

CMF @ 0.229

Internals were :

UP volume led by 1.26 to 1 in NYSE & 1.08 to 1 in Nasdaq

Advancing stocks led by 1.85 to 1 in NYSE & 1.22 to 1 in Nasdaq

Net new 52 wk high were leading by 7 in NYSE & lows by 42 in Nasdaq

VIX Down 16.02% @ 16.04...high today 20.19.....

Oil @ $61.66

Gold @ $1287.40

Canadian $ @ .6588

Stocks which closed green included ESTC AMD NIU SPLK
FSLR CRON CGC TLRY CSIQ JKS SPWR FFIV TK 
LNG LVS GS GOOG MA ORCL OSTK MCD V
MSFT NKW KBH.....

Here is my portfolio weighting :

TSLA           35.40%

SQ              29.30%

ESTC         19.60%

BZUN        15.70%

Next post by 6 PM on Sunday

BLOG does NOT give buy or sell.

Saleem

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