Indices are lower on lower oil. Indices are near low of the day.
S&P 500 @ 2290.67, low 2288.57, high 2296.18
Internals are negative by 2 to 1
Oil down 79 cents
Gold UP $12.80
Canadian $ down 73 tick @ .6905
VIX UP 3.92% @ 11.40
In my portfolio...Added 40% OCLR @ $9.52
Portfolio AMD BIDU CNQ FCX GG OCLR TECK
Most stocks are down
@ 2.19 following are green :
AMD BIDU FCX GG VRX NVDA NTES ABX
FB TWTR AAPL SBUX COH TSLA YHOO
SINA WB BABA MS SLW AEM KORS
NKE KBH AAL X......
BLOG does NOT give buy or sell.
Saleem
Monday, February 6, 2017
Sunday, February 5, 2017
How your portfolio performing in 23 trading days of 2017...
2017 has seen 23 trading days so far, i have tabulated results of major index / sector, here are the performance of various sector / index in last 23 trading days :
SOX 6.34%
Nasdaq 5.27%
S&P 500 2.62%
XLF 2.02%
Dow 1.56%
RUT 1.53%
XLE -2.55%
It is interesting that winner of 2016 is outperforming again, that is SOX...the famous semiconductor index.
It is important to be exposed overweight in this sector.
Nasdaq composite is close second best, majority of this year gains are in SOX & Nasdaq, thus an overweight in technology is paying off big time......exactly 11.61%......so far IF you were 100% in this sector / index
Biggest loser so far is energy, which is caught in inventory build, there is a chance that this sector should recover and move UP.
RUT is a big surprise, only UP 1.53%...hopefully this may play catch up.
XLF got a regulatory boost on Friday and may outperform once new legislation is in effect.
Markets are generally very tough to navigate, unless all boats are being lifted.
When we allocate our investment $, we all have different weighting and preference, but in the end TAPE has the last word for all of us.
It is extremely critical, that we monitor our performance against best performing index or sector.
It is never too late to change weighting based on where the money flow is.
Many semiconductor stocks are behaving better than most index, they may continue to do well.
Check new 52 wk high list and see which semiconductor stocks are there, one can benefit from buying winners.
Good luck with your own strategy and comfort level.
BLOG does NOT give buy or sell.
Saleem
SOX 6.34%
Nasdaq 5.27%
S&P 500 2.62%
XLF 2.02%
Dow 1.56%
RUT 1.53%
XLE -2.55%
It is interesting that winner of 2016 is outperforming again, that is SOX...the famous semiconductor index.
It is important to be exposed overweight in this sector.
Nasdaq composite is close second best, majority of this year gains are in SOX & Nasdaq, thus an overweight in technology is paying off big time......exactly 11.61%......so far IF you were 100% in this sector / index
Biggest loser so far is energy, which is caught in inventory build, there is a chance that this sector should recover and move UP.
RUT is a big surprise, only UP 1.53%...hopefully this may play catch up.
XLF got a regulatory boost on Friday and may outperform once new legislation is in effect.
Markets are generally very tough to navigate, unless all boats are being lifted.
When we allocate our investment $, we all have different weighting and preference, but in the end TAPE has the last word for all of us.
It is extremely critical, that we monitor our performance against best performing index or sector.
It is never too late to change weighting based on where the money flow is.
Many semiconductor stocks are behaving better than most index, they may continue to do well.
Check new 52 wk high list and see which semiconductor stocks are there, one can benefit from buying winners.
Good luck with your own strategy and comfort level.
BLOG does NOT give buy or sell.
Saleem
Friday, February 3, 2017
Indices closed UP .54% to .94%....NICE !!!!
Indices closed UP on strong jobs data and movement on changing banking regulation.Indices closed @ high of the day with strong internals.
S&P 500 @ 2297.41, high 2298.31, low 2287.88
RSI @ 63.27
CMF @ 0.262
Internals were :
UP volume led by 3.65 to 1 in NYSE & 2.39 to 1 in Nasdaq
Advancing stocks led by 3.80 to 1 in NYSE & 2.82 to 1 in Nasdaq
Net new 52 wk highs were leading by 182 in NYSE & 140 in Nasdaq
VIX Down 8.05% @ 10.97
Oil @ $53.83
Gold @ $1220.80
Canadian $ @ .6996
Stocks which were UP 1% or more included BIDU OCLR
AKS BAC FNSR C CHK OLED SBUX JKS CSIQ DNKN
FFIV MA V TK RIG FSLR SPWR MS GS TRIP MLNX
DATA CSOD MGA ORCL AEM CRUS OPK M CNX
PANW ......
Here is my portfolio weighting :
BIDU 21.49%
CNQ 16.53%
AMD 15.47%
TECK 14.57%
OCLR 12.03%
GG 10.78%
FCX 9.13%
Next post by 2 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2297.41, high 2298.31, low 2287.88
RSI @ 63.27
CMF @ 0.262
Internals were :
UP volume led by 3.65 to 1 in NYSE & 2.39 to 1 in Nasdaq
Advancing stocks led by 3.80 to 1 in NYSE & 2.82 to 1 in Nasdaq
Net new 52 wk highs were leading by 182 in NYSE & 140 in Nasdaq
VIX Down 8.05% @ 10.97
Oil @ $53.83
Gold @ $1220.80
Canadian $ @ .6996
Stocks which were UP 1% or more included BIDU OCLR
AKS BAC FNSR C CHK OLED SBUX JKS CSIQ DNKN
FFIV MA V TK RIG FSLR SPWR MS GS TRIP MLNX
DATA CSOD MGA ORCL AEM CRUS OPK M CNX
PANW ......
Here is my portfolio weighting :
BIDU 21.49%
CNQ 16.53%
AMD 15.47%
TECK 14.57%
OCLR 12.03%
GG 10.78%
FCX 9.13%
Next post by 2 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
Thursday, February 2, 2017
Indices closed mixed.....
Indices closed mixed.
S&P 500 @ 2280.85, high 2283.97, low 2271.65
RSI @ 56.28
CMF @ 0.247
Internals were :
UP volume led by 1.25 to 1 in NYSE & .96 to 1 in Nasdaq
Advancing stocks led by 1.23 to 1 in NYSE & .91 to 1 in Nasdaq
Net new 52 wk highs were leading by 96 in NYSE & 70 in Nasdaq
VIX UP 1.02% @ 11.93
Oil @ $53.54
Gold @ $1219.40
Stocks which were UP 1% or more AMD CNQ GG OCLR
AKS VRX CIEN NVDA ABX TWTR YUM FFIV WB
LNG SPWR AEM X M.....
AH ER....DATA UP 16.66%, FEYE Down 17.89%
AH Futures Down
AH Asian Markets UP
AH Oil UP
AH Gold Down
About market, TAPE seems to be struggling, but managed to close near high of the day. Internals are getting weaker. Rally seems to have run its course for now. We may see downward pressure, until legislative initiative takes shape on taxes and infrastructure spending.Broad based diversified portfolio may fare better. Jobs report have missed the mark most of the time, may not have any impact as fed meeting have concluded.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2280.85, high 2283.97, low 2271.65
RSI @ 56.28
CMF @ 0.247
Internals were :
UP volume led by 1.25 to 1 in NYSE & .96 to 1 in Nasdaq
Advancing stocks led by 1.23 to 1 in NYSE & .91 to 1 in Nasdaq
Net new 52 wk highs were leading by 96 in NYSE & 70 in Nasdaq
VIX UP 1.02% @ 11.93
Oil @ $53.54
Gold @ $1219.40
Stocks which were UP 1% or more AMD CNQ GG OCLR
AKS VRX CIEN NVDA ABX TWTR YUM FFIV WB
LNG SPWR AEM X M.....
AH ER....DATA UP 16.66%, FEYE Down 17.89%
AH Futures Down
AH Asian Markets UP
AH Oil UP
AH Gold Down
About market, TAPE seems to be struggling, but managed to close near high of the day. Internals are getting weaker. Rally seems to have run its course for now. We may see downward pressure, until legislative initiative takes shape on taxes and infrastructure spending.Broad based diversified portfolio may fare better. Jobs report have missed the mark most of the time, may not have any impact as fed meeting have concluded.
BLOG does NOT give buy or sell.
Saleem
Indices mixed.....
Indices are mixed as US$ weakens.
S&P 500 @ 2280.49, high 2283.97, low 2271.65
Internals are mixed with UP volume running @ 2 to 1
Oil Down 12 cents
Gold UP $9.79
Canadian $ UP 24 tick @ .6976
VIX Down 1.02% @ 11.69
Portfolio AMD BIDU CNQ FCX GG OCLR TECK
Most stocks are UP
@ 2.11 following are red :
SWKS QRVO PI BAC FB OLED UA V AAPL COH
MSFT NFLX BABA YELP MLNX MGA MS
CRUS HBAN.....
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2280.49, high 2283.97, low 2271.65
Internals are mixed with UP volume running @ 2 to 1
Oil Down 12 cents
Gold UP $9.79
Canadian $ UP 24 tick @ .6976
VIX Down 1.02% @ 11.69
Portfolio AMD BIDU CNQ FCX GG OCLR TECK
Most stocks are UP
@ 2.11 following are red :
SWKS QRVO PI BAC FB OLED UA V AAPL COH
MSFT NFLX BABA YELP MLNX MGA MS
CRUS HBAN.....
BLOG does NOT give buy or sell.
Saleem
Wednesday, February 1, 2017
Indices closed UP .03% to .50%.....NICE !!!!
Indices closed UP.
S&P 500 @ 2279.55, high 2289.14, low 2272.44
RSI @ 55.67
CMF @ 0.253
Internals were :
UP volume led by .78 to 1 in NYSE & 1.09 to 1 in Nasdaq
Advancing stocks led by .92 to 1 in NYSE & 1.01 to 1 in Nasdaq
Net new 52 wk highs were leading by 143 in NYSE & 110 in Nasdaq
VIX Down 1.50% @ 11.81
Oil @ $53.88
Gold @ $1208.30
Stocks which were UP 1% or more included AMD FCX TECK
MU BAC NVDA AMZN BAC FB AAPL COH TK YELP
FSLR DATA SWIR CSOD CRUS LRCX......
AH ER....QRVO Down 8.13%, CRUS Down 9.63%
AH Futures Down
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE starting strong on above consensus economic data in US & China. Rally faded quickly, by close we barely were UP. Internals were weak. There is still hangover from immigration issues and related economic impact. Stay with high comfort stocks and stay away from speculative bets. Earnings are becoming challenging for most in terms of guidance.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2279.55, high 2289.14, low 2272.44
RSI @ 55.67
CMF @ 0.253
Internals were :
UP volume led by .78 to 1 in NYSE & 1.09 to 1 in Nasdaq
Advancing stocks led by .92 to 1 in NYSE & 1.01 to 1 in Nasdaq
Net new 52 wk highs were leading by 143 in NYSE & 110 in Nasdaq
VIX Down 1.50% @ 11.81
Oil @ $53.88
Gold @ $1208.30
Stocks which were UP 1% or more included AMD FCX TECK
MU BAC NVDA AMZN BAC FB AAPL COH TK YELP
FSLR DATA SWIR CSOD CRUS LRCX......
AH ER....QRVO Down 8.13%, CRUS Down 9.63%
AH Futures Down
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE starting strong on above consensus economic data in US & China. Rally faded quickly, by close we barely were UP. Internals were weak. There is still hangover from immigration issues and related economic impact. Stay with high comfort stocks and stay away from speculative bets. Earnings are becoming challenging for most in terms of guidance.
BLOG does NOT give buy or sell.
Saleem
Indices UP .10% to .55%....NICE !!!!
Indices are higher after Fed left rates unchanged. Oil is UP today despite build in inventory.
S&P 500 @ 2281.49, high 2289.14, low 2272.44
Internals are mixed with volume positive.
Oil UP 70 cents
Gold Down $2.50
Canadian $ Down 18 tick @ .6954
VIX Down 2.17% @ 11.73
Portfolio AMD BIDU CNQ FCX GG OCLR TECK
Most stocks are UP
@ 2.24 following are red :
BIDU GG OCLR PI AKS CIEN GOOG NTES TWTR
LVS LULU SBUX QRVO MSFT TSLA DNKN EXPE
YUM FFIV PCLN MA FEYE WB LNG WYNN AGU
TRIP X PANW.....
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2281.49, high 2289.14, low 2272.44
Internals are mixed with volume positive.
Oil UP 70 cents
Gold Down $2.50
Canadian $ Down 18 tick @ .6954
VIX Down 2.17% @ 11.73
Portfolio AMD BIDU CNQ FCX GG OCLR TECK
Most stocks are UP
@ 2.24 following are red :
BIDU GG OCLR PI AKS CIEN GOOG NTES TWTR
LVS LULU SBUX QRVO MSFT TSLA DNKN EXPE
YUM FFIV PCLN MA FEYE WB LNG WYNN AGU
TRIP X PANW.....
BLOG does NOT give buy or sell.
Saleem
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