Indices closed up despite hotter than expected jobs report, wage inflation was .1% lower than expected which fueled this rally. Even TSLA & AAPL closed in green. TSLA reduced prices in China which prompted a new low before rallying.
S&P 500 @ 3895.08, high 3906.19, low 3809.56
RSI @ 51.61
CMF @ 0.015
Internals were :
UP volume led by 7.12 to 1 in NYSE & 2.04 to 1 in Nasdaq
Advancing stocks led by 6.69 to 1 in NYSE & 2.56 to 1 in Nasdaq
Net new highs were leading by 44 in NYSE & 32 in Nasdaq
VIX Down 5.92% @ 21.13
Oil @ $73.77
Gold @ $1869.70
Canadian $ @ .6545
Stocks which were UP 4% or more included MGM SOL
JKS CSIQ FSLR AMAT MRVL MOS CCJ TECK SQ
CRM X CNQ MGNI FCX CLF ZM ELF TER ASML
NVDA LRCX OLED CIEN MA OSTK....
Here is my portfolio weighting :
ARKK 60.14%
MGM 23.07%
LSPD 11.36%
SOL 5.43%
Next post by 6 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
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