Friday, May 24, 2019

Indices closed UP .11% to .37%....NICE !!!!

Indices closed UP barely despite optimistic tone from white house about US China trade tension. Dow closed down for 5 weeks in a row.

S&P 500 @ 2826.06, high 2841.36, low 2820.19

RSI @ 40.93

CMF @ 0.052

Internals were :

UP volume led by 1.66 to 1 in NYSE & 1.34 to 1 in Nasdaq

Advancing stocks led by 2.14 to 1 in NYSE & 1.92 to 1 in Nasdaq

Net new 52 wk highs were leading by 75 in NYSE & lows by 50 in Nasdaq

Oil @ $58.63

Gold @ $1283.60

Canadian $ @ .6543

Stocks which were UP 1% or more included SQ
HUYA LULU SHOP ROKU PHM VICR JKS
CSIQ QRVO NTNX FNSR MGA OSTK SU
SWKS KBH CNX...

Here is my portfolio weighting :

SQ             32.30%

TSLA         31.70%

ESTC        20.70%

BZUN      15.30%

Next post by 6 PM on Monday as markets are closed for 
memorial day.

BLOG does NOT give buy or sell.

Saleem





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