Indices closed mixed after a blockbuster jobs report of 271K.
S&P 500 @ 2099.21, low 2083.74, high 2101.91
RSI @ 65.78
CMF @ 0.232
Internals were :
Down volume led by 1.27 to 1 in NYSE & .63 to 1 in Nasdaq
Declining stocks led by 1.64 to 1 in NYSE & .63 to 1 in Nasdaq
Net new 52 wk lows were leading by 19 in NYSE & highs by 73 in Nasdaq
VIX Down 4.78% @ 14.33
Oil @ $44.29
Gold @ $1087.70
Canadian $ @ 67.14
Stocks which closed UP 1% or more included CY FIT
JKS BITA GPRO FEYE VRX NXPI CSIQ ANTH
YELP FSLR SPWR HIMX CRUS AMCC LSCC
CIEN FNSR C QIHU SPLK X DATA CSOD
MS BRCM WYNN GS MLNX.....
Here is my weighting :
FB 26.14%
LULU 17.45%
CNQ 15.44%
VDSI 13.88%
FIT 12.96%
CY 8.57%
NFLX 5.56%
Exposure 315%
Next post by 2 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
Friday, November 6, 2015
Thursday, November 5, 2015
Indices closed down .02% to .29%.....
Indices closed down.
S&P 500 @ 2099.93, low 2090.41, high 2108.78
RSI @ 66.06
CMF @ 0.203
Internals were :
Down volume led by 1.21 to 1 in NYSE & 1.61 to 1 in Nasdaq
Declining stocks led by 1.05 to 1 in NYSE & 1.15 to 1 in Nasdaq
Net new 52 wk highs were leading by 28 in NYSE & by 18 in Nasdaq
VIX Down 2.97% @ 15.05
Oil @ $45.20
Gold @ $1104.20
AH ER....TRIP Down 8.34%, SWIR Down 18.3%
NVDA UP 9.85%, QRVO UP 13.8%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE was resilient again and barely moved lower. It is all about jobs report, consensus is anywhere from 180K to 185K. Market is positioned to move higher after jobs report comes out, TAPE has its own momentum, generally any one news does not get in its way, expect a positive close on Friday. This TAPE wants to to make a new all time high despite many pundits who seems to be scrambling to put their own thesis forward, it changes day by day and hour by hour, not a reliable investment approach.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2099.93, low 2090.41, high 2108.78
RSI @ 66.06
CMF @ 0.203
Internals were :
Down volume led by 1.21 to 1 in NYSE & 1.61 to 1 in Nasdaq
Declining stocks led by 1.05 to 1 in NYSE & 1.15 to 1 in Nasdaq
Net new 52 wk highs were leading by 28 in NYSE & by 18 in Nasdaq
VIX Down 2.97% @ 15.05
Oil @ $45.20
Gold @ $1104.20
AH ER....TRIP Down 8.34%, SWIR Down 18.3%
NVDA UP 9.85%, QRVO UP 13.8%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE was resilient again and barely moved lower. It is all about jobs report, consensus is anywhere from 180K to 185K. Market is positioned to move higher after jobs report comes out, TAPE has its own momentum, generally any one news does not get in its way, expect a positive close on Friday. This TAPE wants to to make a new all time high despite many pundits who seems to be scrambling to put their own thesis forward, it changes day by day and hour by hour, not a reliable investment approach.
BLOG does NOT give buy or sell.
Saleem
Indices down .19% to .52%......
Indices are down on lower commodity prices. Oil being the main drag.
S&P 500 @ 2096.11, low 2090.41, high 2108.78
Internals are negative.
Oil Down $1.07
Gold Down $1.80
Canadian $ Down 18 tick @ 68.37
VIX UP 1.81% @ 15.79
In my portfolio :
Added 20% CY @ $10.63
Portfolio CNQ CY FB FIT LULU NFLX VDSI
Most stocks are down
@ 2.40 following are green :
CNQ FB LULU AMZN GOOGL COH BIDU
SINA EXPE V YELP CRUS C QIHU
GMCR SBUX MCD MS AGU
TRIP.....
CNQ reported a beat on Sales & EPS....
Q3 Sales expected $2.88 billion, actual $3.11 billion
Q3 EPS expected loss of 10 cents, actual profit of 10 cents
Stock of CNQ UP nicely by 5.19%
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2096.11, low 2090.41, high 2108.78
Internals are negative.
Oil Down $1.07
Gold Down $1.80
Canadian $ Down 18 tick @ 68.37
VIX UP 1.81% @ 15.79
In my portfolio :
Added 20% CY @ $10.63
Portfolio CNQ CY FB FIT LULU NFLX VDSI
Most stocks are down
@ 2.40 following are green :
CNQ FB LULU AMZN GOOGL COH BIDU
SINA EXPE V YELP CRUS C QIHU
GMCR SBUX MCD MS AGU
TRIP.....
CNQ reported a beat on Sales & EPS....
Q3 Sales expected $2.88 billion, actual $3.11 billion
Q3 EPS expected loss of 10 cents, actual profit of 10 cents
Stock of CNQ UP nicely by 5.19%
BLOG does NOT give buy or sell.
Saleem
Wednesday, November 4, 2015
Indices closed down .05% to .35%.......
Indices closed down.
S&P 500 @ 2102.31, low 2096.98, high 2114.59
RSI @ 66.94
CMF @ 0.241
Internals were :
Down volume led by 2.41 to 1 in NYSE & 1.23 to 1 in Nasdaq
Declining stocks led by 1.53 to 1 in NYSE & 1.01 to 1 in Nasdaq
Net new 52 wk highs were leading by 64 in NYSE & by 29 in Nasdaq
VIX UP 6.67% @ 15.51
Oil @ $46.32
Gold @ $1106.20
AH ER...FB UP 3.76%, QCOM Down 5.33%,
FEYE Down 14.15%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold UP
Facebook ER was a beat on Sales & EPS, here are the numbers :
Q3 Sales expected $4.37 billion, actual Sales $4.501 billion
Q3 EPS expected 52 cents, actual EPS 57 cents
FB has over 1.01 billion daily users worldwide.
Mobile Ad revenue was strong UP 27% yoy
FB had a very good earnings report despite pundits saying FB always goes down after earnings and having trimmed their holding in FB, many technicians had FB as a short.Another example of not following so called experts.
About market, TAPE had slight consolidation after Fed chief talk of December rate hike, TAPE handled this remarkably well, considering we are @ lofty level, it speaks of the strength & buying support of this TAPE. Individual strong stocks are the story of this market, many are making all time highs, follow the strength.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2102.31, low 2096.98, high 2114.59
RSI @ 66.94
CMF @ 0.241
Internals were :
Down volume led by 2.41 to 1 in NYSE & 1.23 to 1 in Nasdaq
Declining stocks led by 1.53 to 1 in NYSE & 1.01 to 1 in Nasdaq
Net new 52 wk highs were leading by 64 in NYSE & by 29 in Nasdaq
VIX UP 6.67% @ 15.51
Oil @ $46.32
Gold @ $1106.20
AH ER...FB UP 3.76%, QCOM Down 5.33%,
FEYE Down 14.15%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold UP
Facebook ER was a beat on Sales & EPS, here are the numbers :
Q3 Sales expected $4.37 billion, actual Sales $4.501 billion
Q3 EPS expected 52 cents, actual EPS 57 cents
FB has over 1.01 billion daily users worldwide.
Mobile Ad revenue was strong UP 27% yoy
FB had a very good earnings report despite pundits saying FB always goes down after earnings and having trimmed their holding in FB, many technicians had FB as a short.Another example of not following so called experts.
About market, TAPE had slight consolidation after Fed chief talk of December rate hike, TAPE handled this remarkably well, considering we are @ lofty level, it speaks of the strength & buying support of this TAPE. Individual strong stocks are the story of this market, many are making all time highs, follow the strength.
BLOG does NOT give buy or sell.
Saleem
Indices down .04% to .32%.....
Indices are slightly lower on Fed chief comment that December rate increase is possible barring some very weak data.
S&P 500 @ 2103.03, low 2096.98, high 2114.59
Internals are mostly negative
Oil Down $1.49
Gold Down $6.50
Canadian $ Down 1.01 cent @ 68.41
VIX UP 4.61% @ 15.21
Portfolio CNQ CY FB FIT LULU NFLX VDSI
Most stocks are down
@ 2.57 following are green :
FB FIT NFLX VDSI GPRO BIDU AMZN LNKD
BABA NXPI TWTR TSLA YHOO EBAY
HIMX AMCC QIHU SPLK DATA
CSOD BRCM YELP......
FB reports AH, here are the expectations :
Q3 Sales $4.37 billion, EPS 52 cents
Q4 guidance Sales $5.24 billion, EPS 63 cents
Expecting a beat.....
Thursday before open CNQ reports, here are the expectations :
Q3 Sales $2.88 billion, EPS loss of 6 cents
Q4 guidance Sales $3.07 billion, EPS loss of 1 cent
Expecting an inline quarter and guidance.....
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2103.03, low 2096.98, high 2114.59
Internals are mostly negative
Oil Down $1.49
Gold Down $6.50
Canadian $ Down 1.01 cent @ 68.41
VIX UP 4.61% @ 15.21
Portfolio CNQ CY FB FIT LULU NFLX VDSI
Most stocks are down
@ 2.57 following are green :
FB FIT NFLX VDSI GPRO BIDU AMZN LNKD
BABA NXPI TWTR TSLA YHOO EBAY
HIMX AMCC QIHU SPLK DATA
CSOD BRCM YELP......
FB reports AH, here are the expectations :
Q3 Sales $4.37 billion, EPS 52 cents
Q4 guidance Sales $5.24 billion, EPS 63 cents
Expecting a beat.....
Thursday before open CNQ reports, here are the expectations :
Q3 Sales $2.88 billion, EPS loss of 6 cents
Q4 guidance Sales $3.07 billion, EPS loss of 1 cent
Expecting an inline quarter and guidance.....
BLOG does NOT give buy or sell.
Saleem
Tuesday, November 3, 2015
Indices closed UP .27% to .50%.....NICE !!!!
Indices closed UP.
S&P 500 @ 2109.79, high 2116.48, low 2097.51
RSI @ 69.66
CMF @ 0.299
Internals were :
UP volume led by 2.06 to 1 in NYSE & 1.76 to 1 in Nasdaq
Advancing stocks led by 1.39 to 1 in NYSE & 1.50 to 1 in Nasdaq
Net new 52 wk highs were leading by 83 in NYSE & by 50 in Nasdaq
VIX UP 2.76% @ 14.54
Oil @ $47.90
Gold @ $1114.10
Stocks which were UP 1% or more included CNQ LULU
NFLX VDSI JCP MU BITA LNKD AAPL FEYE COH
NXPI SINA SU EBAY FFIV V CSIQ HIMX AMCC
AMBA GMCR ABX Z WYNN AGU YELP.....
AH ER.....TSLA UP 8.95%, GRPN Down 25.56%
AH Futures Mixed
AH Asian Markets UP
AH Oil Down
AH Gold UP
About market, TAPE was strong again and closed @ higher highs and getting ready to make new all time highs. Market internals remained strong which supports buying by new money in this TAPE. Stay with strong stocks as they keep going higher and making new highs. There is still more strength left in this TAPE, so stay with high exposure based on your own comfort level.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2109.79, high 2116.48, low 2097.51
RSI @ 69.66
CMF @ 0.299
Internals were :
UP volume led by 2.06 to 1 in NYSE & 1.76 to 1 in Nasdaq
Advancing stocks led by 1.39 to 1 in NYSE & 1.50 to 1 in Nasdaq
Net new 52 wk highs were leading by 83 in NYSE & by 50 in Nasdaq
VIX UP 2.76% @ 14.54
Oil @ $47.90
Gold @ $1114.10
Stocks which were UP 1% or more included CNQ LULU
NFLX VDSI JCP MU BITA LNKD AAPL FEYE COH
NXPI SINA SU EBAY FFIV V CSIQ HIMX AMCC
AMBA GMCR ABX Z WYNN AGU YELP.....
AH ER.....TSLA UP 8.95%, GRPN Down 25.56%
AH Futures Mixed
AH Asian Markets UP
AH Oil Down
AH Gold UP
About market, TAPE was strong again and closed @ higher highs and getting ready to make new all time highs. Market internals remained strong which supports buying by new money in this TAPE. Stay with strong stocks as they keep going higher and making new highs. There is still more strength left in this TAPE, so stay with high exposure based on your own comfort level.
BLOG does NOT give buy or sell.
Saleem
Indices UP .53% to .74%.....NICE !!!!
Rally continues on Wall Street as panic is sitting in for those looking from outside. Indices are @ absolute high of the day.
S&P 500 @ 2116.43, high 2116.48, low 2097.51
Internals are positive by by almost 2 to 1.
Oil UP $2.05
Gold Down $20.30
Canadian $ UP 45 tick @ 69.54
VIX Down 1.20% @ 13.98..lowest level since August, 2015.
In my portfolio :
Added 30% FIT @ $37.86
Portfolio CNQ CY FB FIT LULU NFLX VDSI
Most stocks are UP.
@ 2.35 following are red :
FB FIT GPRO BIDU AMZN BABA VRX TSLA
YHOO CRUS QIHU STLD AEM CCJ CSOD
MGA MS TRIP MLNX......
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2116.43, high 2116.48, low 2097.51
Internals are positive by by almost 2 to 1.
Oil UP $2.05
Gold Down $20.30
Canadian $ UP 45 tick @ 69.54
VIX Down 1.20% @ 13.98..lowest level since August, 2015.
In my portfolio :
Added 30% FIT @ $37.86
Portfolio CNQ CY FB FIT LULU NFLX VDSI
Most stocks are UP.
@ 2.35 following are red :
FB FIT GPRO BIDU AMZN BABA VRX TSLA
YHOO CRUS QIHU STLD AEM CCJ CSOD
MGA MS TRIP MLNX......
BLOG does NOT give buy or sell.
Saleem
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