Friday, August 2, 2019

Indices closed down .37% to 1.32%.....

Indices closed down, in that process all 3 major Indices went below 50 DMA BUT closed above, a sign that we may have seen support.

S&P 500 @ 2932.05, low 2914.11, high 2945.50

RSI @ 39.85

CMF @ 0.127

Internals were :

Down volume led by 2.08 to 1 in NYSE & 2.20 to 1 in Nasdaq

Declining stocks led by 1.77 to 1 in NYSE & 2.21 to 1 in Nasdaq

Net new 52 wk high were leading by 5 in NYSE & lows by 135 in Nasdaq

VIX Down 1.45% @ 17.61

Oil @ $55.66

Gold @ $1457.50

Canadian $ @ .6779

In my portfolio bought BZUN @ $44.78

Stocks which closed green included CRON TSLA
TWTR HUYA MU NIU CGC TLRY WB YELP
MCD CMG M CNX......

Here is my portfolio weighting :

FB             26.20%

TSLA        26.00%

AMD        21.20%

CIEN       17.80%

BZUN       7.60%

CRON     1.20%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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