Indices closed mixed.....

Indices closed mixed, on US economic data, GDP came in better @ 1.2% for Q1. Oil staged an oversold bounce. Indices closed near high of the day.

S&P 500 @ 2415.82, high 2416.68, low 2412.20

RSI @ 63.05

CMF @ 0.342

Internals were :

UP volume led by .92 to 1 in NYSE & 1.33 to 1 in Nasdaq

Advancing stocks led by 1.13 to 1 in NYSE & .89 to 1 in Nasdaq

Net new 52 wk highs were leading by 123 in NYSE & 72 in Nasdaq

VIX Down 1.80% @ 9.81

Oil @ $49.80

Gold @ $1268.10

Canadian $ @ .6546

Stocks which were UP 1% or more included OCLR
MOMO TWTR TSLA FNSR NVDA MU GG ABX
AEM SINA SU CHK TK CIEN WYNN ULTA
AAL .....

Here is my portfolio weighting :

OCLR   24.08%

FB        22.13%

CNQ    20.39%

OLED  11.95%

WB      11.29%

BABA  5.16%

SWIR   5.00%

Next post by 2 PM on Sunday

Enjoy your long weekend!

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed