Friday, October 18, 2019

Indices closed down .39% to .95%....

Indices closed down on disappointing earnings and news of Chinese lowest GDP growth of 6% in last 27 years.

S&P 500 @ 2986.20, low 2976.31, high 3000.00

RSI @ 54.93

CMF @ -0.095

Internals were :

Down volume led by .99 to 1 in NYSE & 1.68 to 1 in Nasdaq

Declining stocks led by 1.03 to 1 in NYSE & 1.41 to 1 in Nasdaq

Net new 52 wk highs were leading by 125 in NYSE & 17 in Nasdaq

VIX UP 3.34% @ 14.25

Oil @ $53.78

Gold @ $1494.10

Canadian $ @ .6857

Stocks which were UP 1% or more included CIEN SPWR
AEM LULU AAL CMG.....

Here is my portfolio weighting :

AMD         29.00%

CIEN        22.20%

TWTR      18.20%

LSCC       11.90%

BZUN      11.80%

SPWR        6.90%

Next post on Sunday by 6 PM

BLOG does NOT give buy or sell.

Saleem

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