Friday, January 31, 2020

Indices closed down 1.59% to 2.09%.....

Indices closed down on worldwide concern over growing infection with Corona Virus, many countries are taking pro-active measures by cancelling flights to China and evacuation of its citizens from China. Travel advisories are being issued thus creating fear in the mind of traders / Investors.

S&P 500 @ 3225.52, low 3214.68, high 3282.33

RSI @ 43.44

CMF @ 0.109

Internals were :

Down volume led by 7.47 to 1 in NYSE & 3.25 to 1 in Nasdaq

Declining stocks led by 3.58 to 1 in NYSE & 3.35 to 1 in Nasdaq

Net new 52 52 wk highs were leading by 88 in NYSE & lows by 22 in Nasdaq

VIX UP 21.63% @ 18.84

Oil @ $61.56

Gold @ $1587.90

Canadian $ @ .6776

Stocks which closed green included AMZN TSLA IBM 
NEM AEM NIU PRNB CNX....

Here is my portfolio weighting :

QCOM     45.21%

MRVL     25.48%

LSCC     20.70%

LK           8.61%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

No comments: