Friday, 7 July 2017

Indices closed UP .44% to 1.04%....NICE !!!!

Indices closed up on better than expected jobs growth. Nasdaq outperformed by a wide margin, still below 50 DMA. Indices closed near high of the day.

S&P 500 @ 2425.18, high 2426.92, low 2413.52

RSI @ 50.24

CMF @ 0.109

Internals were :

UP volume led by 1.50 to 1 in NYSE & 2.58 to 1 in Nasdaq

Advancing stocks led by 2.23 to 1 in NYSE & 2.59 to 1 in Nasdaq

Net new 52 wk highs were leading by 16 in NYSE & lows by 12 in Nasdaq

VIX Down 10.77% @ 11.19

Oil @ $44.23

Gold @ $1209.70

Canadian $ @ .7130....Canadian $ @ new 9 months high against US$, on better than expected jobs growth in Canada.

Stocks which were UP 2% or more included OCLR SWIR
NFLX AMD FNSR QRVO NVDA CY COH LEN
CSIQ PCLN FEYE SPWR CIEN......

In my portfolio :

Added 80% BBRY @ $9.80

Added 35% TWTR @ $18.06

Here is my portfolio weighting :

OCLR   20.87%

FB         17.78%

LULU   12.72%

BIDU      9.13%

SWIR      9.01%

BBRY     8.80%

WB         8.15%

TWTR    6.95%

MOMO  6.59%

Next post by 2 PM on Sunday

BLOG does NOT give buy or sell.

Saleem



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