Indices closed down 1.29% to 3.25%......

Indices fell hard on jobs report which showed wages higher than fed comfort level.US$ rallied but gold still went UP.

S&P 500 @ 1880.02, low 1872.65, high 1913.07

RSI @ 40.57

CMF @ 0.074

Internals were :

Down volume led by 3.23 to 1 in NYSE & 3.56 to 1 in Nasdaq

Declining stocks led by 3.24 to 1 in NYSE & 4.50 to 1 in Nasdaq

Net new 52 wk lows were leading by 110 in NYSE & 199 in Nasdaq

VIX UP 7.05% @ 23.38

Oil @ $30.89

Gold @ $1157.70

Canadian $ @ .6109 US$

Stocks which closed green included GPRO ABX SLW GG AEM

Here is my weighting :

FB      27.59%

BIDU 20.40%

CNQ  16.95%

V         8.93%

CTSH  8.22%

JKS     7.20%

SBUX 6.80%

MSFT 3.91%

CTSH reports before open on Monday February 8th, here are expectations :

Q4 Sales $3.24 billion, EPS 78 cents

Q1 guidance Sales $3.32 billion, EPS 81 cents

Majority of times CTSH beats EPS by around 4%, expecting the same this time around......

Next post by 2 PM on Sunday

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed