Indices closed UP despite very weak economic data in USA. Oil staying positive was the decisive factor.
S&P 500 @ 2836.74, high 2842.71, low 2791.76
RSI @ 55.01
CMF @ 0.072
Internals were :
UP volume led by 1.43 to 1 in NYSE & 3.28 to 1 in Nasdaq
Advancing stocks led by 1.63 to 1 in NYSE & 2.01 to 1 in Nasdaq
Net new 52 wk lows were leading by 26 in NYSE & highs by 18 in Nasdaq
VIX Down 13.17% @ 35.93
Oil @ $16.94
Gold @ $1735.60
Canadian $ @ .5896
In my portfolio...Bought AMD @ $55.05
Portfolio AMD AAL CIEN CNX DDOG MGM MU SU TWTR
Stocks which were UP 2%+++ CIEN DDOG MGM TWTR
AAPL GILD MRNA SHOP KBH PHM VICR LYFT FB
QCOM XLNX BYND TWLO TSLA UBER FEYE
CGC QRVO NTNX CHK OSTK SWKS CMG
IBM....
Here is my portfolio weighting :
SU 15.59%
MU 15.48%
CIEN 13.99%
AAL 10.32%
TWTR 10.07%
AMD 9.84%
MGM 8.72%
CNX 8.61%
DDOG 7.38%
Next post by 6 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
4 comments:
Thank you for your outstanding service.
Hi Raja,
Your feedback is much appreciated!
Saleem
I agree with Raja.
Saleem, you are amazing and the blog is outstanding. It is a trusted forum for like minded people to share/comment on market/stocks/viewpoints and daily updates. Less noise and all facts - something which we need at good/bad times.
Wish you, families and entire blog contributors best of health and prosperity.
Thank you
Paramjeet
Note : I check back this blog more often then news sites. This is true...
Hi Paramjeet,
Thank you so much for your appreciation, it is now 15th year of this BLOG which is a testimony of daily commitment to my personal take of everything which affects stock market movement.
There is too much noise about so many things which ironically does not affect stock market direction.....
I have been blessed with hundreds of worldwide BLOG visitors who visit daily. USA & Europeans including Russians are among the leading group of visitors.....USA audience is 80% of my total visitors for last 15 years, which I remain very humble about.
Thank you for your kind words and wish the same to your family.
To more trading!
Saleem
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