Friday, June 18, 2021

Indices closed down .92% to 1.58%....

 Indices closed down reversing just about every analysis of Fed statement. 10 year Yield near low and technology took it on the chin with few exception of cloud / security stocks. Internals were extremely negative.

S&P 500 @ 4166.45, low 4164.40, high 4204.78

RSI @ 43.37

CMF @ -0.098

Internals were :

Down volume led by 5.99 to 1 in NYSE & 1.85 to 1 in Nasdaq

Declining stocks led by 3.21 to 1 in NYSE & 2.40 to 1 in Nasdaq

Net new 52 wk highs were leading by 50 in NYSE & 25 in Nasdaq

Oil @ $71.64

Gold @ $1769.00

Canadian $ @ .7558

Stocks which closed green included UAL

SQ LSPD ROKU NVTA PYPL SNAP 

MSTR DASH SNOW DADA DOCU

ZI PLAN SHOP DAL MTCH CRWD

DDOG ENPH DHI NVDA TWLO

SPLK NFLX CMG....

Here is my portfolio weighting ;

MGM          28.81%

CNX           15.79%

NIO            11.31%

AG              9.25%

HST            9.15%

WEED        7.11%

SOL            7.10%

UAL           6.28%

NCLH        5.20%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

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