Friday, June 7, 2019

Indices closed UP 1.02% to 1.66%....NICE!!!!

Indices closed UP for 4 day in a row, 5 in a row for DOW.S&P 500 closed above 50 DMA, first major index to do so, DOW is awfully close to doing that and Nasdaq is little behind to go above 50 DMA.

S&P 500 @ 2873.34, high 2884.07, low 2852.87

RSI @ 56.31

CMF @ 0.032

Internals were :

UP volume led by 2.22 to 1 in NYSE & 3.21 to 1 in Nasdaq

Advancing stocks led by 3.10 to 1 in NYSE & 1.93 to 1 in Nasdaq

Net new 52 wk highs were leading by 320 in NYSE & 41 in Nasdaq

VIX UP 2.32% @ 16.30

Oil @ $53.99

Gold @ $1346.10......UP 8 days in a row...

Canadian $ @ .6708

Stocks which closed UP 2% or more included BZUN SQ
HUYA TWTR SHOP MOMO AMZN WB PHM AAPL
TLRY GOOG OLED ALDR TK LVS MA MSFT 
CMG X......

Here is my portfolio weighting :

SQ            32.20%

TSLA       32.10%

ESTC      19.20%

BZUN     16.50%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem 


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