Tuesday 6 December 2016

Indices UP .11% to .28%.....NICE !!!!

Indices are near high of the day on continued buying by investors / traders. Oil being lower is not impacting indices, which is a good thing. Economic reports in US came in better than expected but trade deficit grew, imports UP in anticipation of higher duties.

S&P 500 @ 2208.86, high 2210.01, low 2199.97

Internals are positive by 2 to 1

Oil Down 89 cents

Gold Down $5.50

Canadian $ Down 17 tick @ .6717

VIX Down 2.55% @ 11.83

In my portfolio :

Sold AMD @ $9.20

Added 70% WB @ $45.77

Portfolio BIDU CNQ CMG TWLO WB

Most stocks are UP

@ 2.25 following are red :

CMG CNQ WB GOOG AKS NTES FB CTRP SPLK
ABX TSLA SINA MA FNSR BABA YELP FSLR
SPWR CIEN TECK AEM....

BLOG does NOT give buy or sell.

Saleem

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