Friday, January 10, 2020

Indices closed down .27% to .46%.....

Indices closed down to digest huge gains. DOW made a new Intraday all time high.

S&P 5003265.35, low 3260.86, high 3282.99

RSI @ 67.69

CMF @ 0.139

Internals were :

Down volume led by 1.40 to 1 in NYSE & 1.36 to 1 in Nasdaq

Declining stocks led by 1.09 to 1 in NYSE & 1.31 to 1 in Nasdaq

Net new 52 wk highs were leading by 351 in NYSE & 190 in Nasdaq

VIX UP .16% @ 12.56

Oil @ $59.04

Gold @ $1506.10

Canadian $ @ .6945

In my portfolio..Bought MU @ $56.50

Stocks which closed green LSCC MRVL MOMO NIO
BZUN NVDA BYND LYFT NEM MTCH SPLK
VICR PRNB BABA GOOG QRVO YY NTNX 
WYNN MA ULTA SWKS CNX V M ....

Here is my portfolio weighting :

TWTR         23.49%

LSCC         20.69%

CIEN         19.10%

MRVL        9.87%

MU            9.75%

MOMO     8.52%

NIO          5.50%

CLDR      3.08%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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