Indices closed @ low of the day on .25% to .50% reduction debate on Fed rate cut, .25% is all Fed is going to do it.....
S&P 500 2 2976.61, low 2975.86, high 3006.02
RSI @ 55.81
CMF @ 0.011
Internals were :
Down volume led by 1.61 to 1 in NYSE & 1.54 to 1 in Nasdaq
Declining stocks led by 1.29 to 1 in NYSE & 1.51 to 1 in Nasdaq
Net new 52 wk highs were leading by 198 in NYSE & 24 in Nasdaq
VIX UP 6.80% @ 14.45
Oil @ $55.63
Gold @ $1426.70
Canadian $ @ .6914
Stocks which closed green included IQ TSLA BZUN
BIDU MOMO LYFT MU LRCX WB SINA VICR
FSLR CSIQ FFIV RIG BABA MGA MSFT X M
TSM CNX.....
In my portfolio....
Sold AMD $33.05
Sold BZUN $52.10
Here is my portfolio weighting :
TSLA 26.00%
FB 25.10%
TWTR 18.60%
CIEN 10.90%
NEM 9.90%
IQ 9.50%
Next post by 6 PM on Sunday
BLOG does NOT give buy or sell.
Saleem
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