Friday, November 8, 2019

Indices closed UP .02% to .48%...NICE !!!!

Indices closed @ high of the day. DOW, S&P 500 & Nasdaq had the highest close ever. Market Ignored denial by USA that they are lowering tariff for Chinese imports, a sign of internal strength.

S&P 500 @ 3093.03, high 3093.03, low 3073.58

RSI @ 70.21

CMF @ 0.149

Internals were :

UP volume led by 1.20 to 1 in NYSE & 1.64 to 1 in Nasdaq

Advancing stocks led by 1.07 to 1 in NYSE & 1.13 to 1 in Nasdaq

Net new 52 wk highs were leading by 107 in NYSE & by 2 in Nasdaq

VIX Down 5.18% @ 12.07

Oil @ $57.24

Gold @ $1462.90

Canadian $ @ .6778

Stocks which were UP 1% or more included LSCC
BYND JKS TWLO BIDU MSFT HUYA FEYE
ROKU SPLK VICR CGC CRON TLRY CNX
CRUS EXPE PANW QRVO NTNX YELP
MS SWKS CNX....

Here is my portfolio weighting :

CIEN       20.20%

TWTR     19.70%

SQ         19.00%

AMD     17.20%

LSCC   16.00%

SPWR   7.90%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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