Indices rocketed UP after jobs report came in @ 211K, indices closed @ high of the day and moved above 200 DMA in Dow & S&P 500.
S&P 500 @ 2091.69, high 2093.84, low 2051.24
RSI @ 55.14
CMF @ -0.071
Internals were :
UP volume led by 2.03 to 1 in NYSE & 3.15 to 1 in Nasdaq
Advancing stocks led by 1.91 to 1 in NYSE & 1.91 to 1 in Nasdaq
( not a typo )
Net new 52 wk lows were leading by 151 in NYSE & by 51 in Nasdaq
VIX Down 18.22% @ 14.81
Oil @ $39.97
Gold @ $1084.10
Canadian $ @ 66.23
Stocks which closed UP 1% or more included CY FB FIT
JCP NTES SWIR PCLN GOOGL AAPL BABA NFLX
COH LEN CSIQ YHOO SINA EXPE EBAY YUM
FFIV MA V CRUS AMCC CIEN FNSR AAL
SBUX MCD ABX SLW GG AEM CCJ
DATA CSOD MGA MS VRX GS
AGU TRIP MLNX......
Here is my weighting :
FB 19.49%
LULU 15.80%
MU 14.23%
CNQ 13.16%
VDSI 11.64%
FIT 10.72%
CY 10.52%
BBRY 4.44%
Exposure 329%
Next post by 2 PM on Sunday
BLOG does NOT give buy or sell.
Saleem
Friday, December 4, 2015
Thursday, December 3, 2015
Indices closed down 1.42% to 1.67%......
Indices closed down.
S&P 500 @ 2049.62, low 2042.35, high 2085.00
RSI @ 44.44
CMF @ -0.122
Internals were :
Down volume led by 3.28 to 1 in NYSE & 3.82 to 1 in Nasdaq
Declining stocks led by 4.35 to 1 in NYSE & 3.20 to 1 in Nasdaq
Net new 52 wk lows were leading by 138 in NYSE & by 25 in Nasdaq
VIX UP 13.83% @ 18.11
Oil @ $41.08
Gold @ $1061.20
AH ER ....AMBA Down 8.26%, ULTA UP 6.87%
AH Futures UP
AH Asian Markets Down
AH Oil UP
AH Gold Down
About market, stocks sold off sharply on fear of December rate hike, this rate hike has been articulated clearly by Fed chief and many Fed officials in their speech and testimony / presentations, market is having trouble digesting this news. Jobs report should confirm improving employment trend. Dow & S&P 500 closed below 200 DMA and Nasdaq is barely above it, market internals became negative all over. This selling bout may have run its course already as we closed @ low of the day.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2049.62, low 2042.35, high 2085.00
RSI @ 44.44
CMF @ -0.122
Internals were :
Down volume led by 3.28 to 1 in NYSE & 3.82 to 1 in Nasdaq
Declining stocks led by 4.35 to 1 in NYSE & 3.20 to 1 in Nasdaq
Net new 52 wk lows were leading by 138 in NYSE & by 25 in Nasdaq
VIX UP 13.83% @ 18.11
Oil @ $41.08
Gold @ $1061.20
AH ER ....AMBA Down 8.26%, ULTA UP 6.87%
AH Futures UP
AH Asian Markets Down
AH Oil UP
AH Gold Down
About market, stocks sold off sharply on fear of December rate hike, this rate hike has been articulated clearly by Fed chief and many Fed officials in their speech and testimony / presentations, market is having trouble digesting this news. Jobs report should confirm improving employment trend. Dow & S&P 500 closed below 200 DMA and Nasdaq is barely above it, market internals became negative all over. This selling bout may have run its course already as we closed @ low of the day.
BLOG does NOT give buy or sell.
Saleem
Indices down 1.60% to 2.10%.....
Indices are @ low of the day on interest rate hike jitters.
S&P 500 @ 2044.57, low 2042.35, high 2085.00
Internals are negative by 5 to 1 in NYSE & 3 to 1 in Nasdaq
Oil UP $1.18
Gold UP $8.30
Canadian $ Unchanged @ 66.52
VIX UP 21.06% @ 21.06
Portfolio BBRY CNQ CY FB FIT LULU MU VDSI
Most stocks are down
@ 2.49 following are green :
FIT JKS TSL SPWR QIHU M GMCR ABX SLW
GG AEM BRCM TRIP......
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2044.57, low 2042.35, high 2085.00
Internals are negative by 5 to 1 in NYSE & 3 to 1 in Nasdaq
Oil UP $1.18
Gold UP $8.30
Canadian $ Unchanged @ 66.52
VIX UP 21.06% @ 21.06
Portfolio BBRY CNQ CY FB FIT LULU MU VDSI
Most stocks are down
@ 2.49 following are green :
FIT JKS TSL SPWR QIHU M GMCR ABX SLW
GG AEM BRCM TRIP......
BLOG does NOT give buy or sell.
Saleem
Wednesday, December 2, 2015
Indices closed down .64% to 1.10%.....
Indices closed down.
S&P 500 @ 2079.51, low 2077.11, high 2104.27
RSI @ 52.74
CMF @ -0.103
Internals were :
Down volume led by 4.24 to 1 in NYSE & 1.87 to 1 in Nasdaq
Declining stocks led by 3.75 to 1 in NYSE & 2.01 to 1 in Nasdaq
Net new 52wk lows were leading by 54 in NYSE & highs by 25 in Nasdaq
VIX UP 8.45% @ 15.91
Oil @ $39.94
Gold @ $1053.80
AH ER...AVGO UP 9.48%, PVH UP 3.02%
AH Futures UP
AH Asian Markets Down
AH Oil UP
AH Gold Down
About market, TAPE was under tremendous selling pressure on stronger than expected ADP jobs report and then Fed chief indicated all set to increase interest rate. Mario Draghi may cut all this negativity on Thursday with ECB policy statement of easing . This was a normal jittery reaction to known news. Stay with your exposure and could do some buying IF comfort level is there. This bull market is alive and well.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2079.51, low 2077.11, high 2104.27
RSI @ 52.74
CMF @ -0.103
Internals were :
Down volume led by 4.24 to 1 in NYSE & 1.87 to 1 in Nasdaq
Declining stocks led by 3.75 to 1 in NYSE & 2.01 to 1 in Nasdaq
Net new 52wk lows were leading by 54 in NYSE & highs by 25 in Nasdaq
VIX UP 8.45% @ 15.91
Oil @ $39.94
Gold @ $1053.80
AH ER...AVGO UP 9.48%, PVH UP 3.02%
AH Futures UP
AH Asian Markets Down
AH Oil UP
AH Gold Down
About market, TAPE was under tremendous selling pressure on stronger than expected ADP jobs report and then Fed chief indicated all set to increase interest rate. Mario Draghi may cut all this negativity on Thursday with ECB policy statement of easing . This was a normal jittery reaction to known news. Stay with your exposure and could do some buying IF comfort level is there. This bull market is alive and well.
BLOG does NOT give buy or sell.
Saleem
Indices down .46% to .88%....
Oil is extremely weak and closed below $40, stocks are @ low of the day on beige book saying slow recovery. Janet Yellen looking forward to rate hike.
S&P 500 @ 2083.22, low 2082.63, high 2104.27
Internals are negative by almost 4 to 1 in NYSE & almost 2 to 1 in Nasdaq
Oil Down $1.82
Gold Down $9.50
Canadian $ Down 6 tick @ 66.41
VIX UP 9.88% @ 16.12
Portfolio BBRY CNQ CY FB FIT LULU MU VDSI
Most stocks are down
@ 2.46 following are green :
FIT NTES BABA NFLX LVS CSIQ FFIV YUM
YELP FSLR SPWR CRUS FNSR YHOO
QIHU AMBA AAL CSOD Z WYNN
MLNX......
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2083.22, low 2082.63, high 2104.27
Internals are negative by almost 4 to 1 in NYSE & almost 2 to 1 in Nasdaq
Oil Down $1.82
Gold Down $9.50
Canadian $ Down 6 tick @ 66.41
VIX UP 9.88% @ 16.12
Portfolio BBRY CNQ CY FB FIT LULU MU VDSI
Most stocks are down
@ 2.46 following are green :
FIT NTES BABA NFLX LVS CSIQ FFIV YUM
YELP FSLR SPWR CRUS FNSR YHOO
QIHU AMBA AAL CSOD Z WYNN
MLNX......
BLOG does NOT give buy or sell.
Saleem
Tuesday, December 1, 2015
Indices closed UP .93% to 1.07%.....NICE !!!!!
Indices closed UP.
S&P 500 @ 2102.63, high 2103.37, low 2082.93
RSI @ 60.91
CMF @ -0.045
Internals were :
UP volume led by 3.44 to 1 in NYSE & 1.76 to 1 in Nasdaq
Advancing stocks led by 2.43 to 1 in NYSE & 1.37 to 1 in Nasdaq
Net new 52 wk highs were leading by 59 in NYSE & by 58 in Nasdaq
VIX Down 9.05% @ 14.67
Oil @ $41.85
Gold @ $1063.50
Stocks which were UP 2% or more included FB LULU MU VDSI
AMZN LNKD PCLN GOOGL LEN TSLA SINA SU YUM
FSLR SPWR QIHU AAL ABX SLW GG AEM CCJ MS
VRX WYNN......
AH Futures Down
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE was strong today and all indices closed @ high of the day. Many stocks participated in today's rally, both strong stocks and newly better performing stocks were strong. We are all set to take out old all time highs and may make series of new highs, exercise conviction and stay with your exposure.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2102.63, high 2103.37, low 2082.93
RSI @ 60.91
CMF @ -0.045
Internals were :
UP volume led by 3.44 to 1 in NYSE & 1.76 to 1 in Nasdaq
Advancing stocks led by 2.43 to 1 in NYSE & 1.37 to 1 in Nasdaq
Net new 52 wk highs were leading by 59 in NYSE & by 58 in Nasdaq
VIX Down 9.05% @ 14.67
Oil @ $41.85
Gold @ $1063.50
Stocks which were UP 2% or more included FB LULU MU VDSI
AMZN LNKD PCLN GOOGL LEN TSLA SINA SU YUM
FSLR SPWR QIHU AAL ABX SLW GG AEM CCJ MS
VRX WYNN......
AH Futures Down
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE was strong today and all indices closed @ high of the day. Many stocks participated in today's rally, both strong stocks and newly better performing stocks were strong. We are all set to take out old all time highs and may make series of new highs, exercise conviction and stay with your exposure.
BLOG does NOT give buy or sell.
Saleem
Indices UP .64% to .69%....NICE !!!!
Indices are higher and near high of the day, as buyers found bargain in stocks.
S&P 500 @ 2095.04, high 2098.80, low 2082.93
Internals are positive mostly by almost 2 to 1 .
Oil UP 3 cents
Gold UP $2.00
Canadian $ Down 7 tick @ 66.31
VIX Down 6.51% @ 15.08
Portfolio BBRY CNQ CY FB FIT LULU MU VDSI
Most stocks are UP
@ 2.49 following are red :
BBRY CY NTES BITA JKS SWIR BIDU AAPL
FEYE COH GPRO YHOO DNKN EBAY MA
CRUS CIEN AMBA SBUX CSOD Z.....
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2095.04, high 2098.80, low 2082.93
Internals are positive mostly by almost 2 to 1 .
Oil UP 3 cents
Gold UP $2.00
Canadian $ Down 7 tick @ 66.31
VIX Down 6.51% @ 15.08
Portfolio BBRY CNQ CY FB FIT LULU MU VDSI
Most stocks are UP
@ 2.49 following are red :
BBRY CY NTES BITA JKS SWIR BIDU AAPL
FEYE COH GPRO YHOO DNKN EBAY MA
CRUS CIEN AMBA SBUX CSOD Z.....
BLOG does NOT give buy or sell.
Saleem
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