Friday, August 9, 2019

Indices closed down .34% to 1.00%.....

Indices closed down. President Trump's tweet brought the market down in a hurry that he is not ready to make a deal with China on trade. Close was near mid point of trading.

S&P 500 @ 2918.65, low 2900.15, high 2935.75

RSI @ 44.73

CMF @ 0.138

Internals were :

Down volume led by 3.60 to 1 in NYSE & 1.80 to 1 in Nasdaq

Declining stocks led by 1.99 to 1 in NYSE & 2.07 to 1 in Nasdaq

Net new 52 wk highs were leading by 70 in NYSE & lows by 80 in Nasdaq

VIX UP 6.27% @ 17.97

Oil @ $54.50

Gold @ $1508.50

Canadian $ @ .6769

Stocks which closed green included AMD BZUN
MOMO SHOP ROKU SPLK CGC PRNB MS
PANW YELP OSTK MCD CMG ....

In my portfolio ...added 250% CRON @ $13.80

Here is my portfolio weighting :

FB         24.60%

TSLA    24.60%

AMD    23.30%

CIEN    17.10%

BZUN    6.90%

CRON    3.50%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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