Friday 20 October 2017

Indices closed UP .36% to .71%....NICE !!!!

Indices closed @ new all time high. Dow & S&P 500 closed near high of the day. Nasdaq was weaker going into close.

S&P 500 @ 2575.21, high 2575.44, low 2567.56

RSI @ 79.66

CMF @ 0.435

Internals were :

UP volume led by 1.75 to 1 in NYSE 7 1.97 to 1 in Nasdaq

Advancing stocks led by 1.54 to 1 in NYSE & 1.58 to 1 in Nasdaq

Net new 52 wk highs were leading by 219 in NYSE & 213 in Nasdaq

VIX Down .80% @ 9.97

Oil @ $51.47

Gold @ $1280.50

Canadian $ @ .7380......retail sales came in weaker than expected.

Stocks which were UP 1% or more included    SHOP
GE SQ SNAP BAC GS MS TECK UA JKS CSIQ
COH LEN MSFT FFIV CIEN LULU MGA X
M OPK SWKS KORS LRCX.....

Here is my portfolio weighting :

AAPL 55.04%

SHOP  44.96%

I am @ 38% of my recent exposure.

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem


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