Friday 29 April 2016

Indices closed down .32% to .62%.....

Indices closed down on downbeat economic news. Oil & gold hit new highs for the year.

S&P 500 @ 2065.30, low 2052.28, high 2073.85

RSI @ 49.97

CMF @ 0.092

Internals were :

Down volume led by 1.50 to 1 in NYSE & 2.41 to 1 in Nasdaq

Declining stocks led by 1.36 to 1 in NYSE & 1.81 to 1 in Nasdaq

Net new 52 wk highs were leading by 94 in NYSE & 17 in Nasdaq

VIX UP 3.15% @ 15.70

Oil @ $45.92

Gold @ $1299.00

Canadian $ @ .7451

Stocks which closed green included BIDU FB NTES
ABX LNG GOOG PCLN AMZN GG LNKD
EXPE FFIV WB BABA CIEN SLW AEM 
DATA CSOD TRIP......

In my portfolio :

Sold QRVO @ $44.60

Bought CNQ @ $29.91

Here is my weighting :

NTES 17.51%

BIDU 17.28%

CMG  14.97%

CNQ   9.08%

TWTR 8.44%

JCP     8.25%

JKS     8.12%

FEYE  6.17%

SBUX 6.00%

FB      4.18%

Next post by 2 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem


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