Friday 7 September 2018

Indices closed down .22% to .31%.....

Indices closed down despite good Jobs data but Trump is ready for another $200+++ billion tariff for China, that dampened the spirit of traders.

S&P 500 @ 2871.68, low 2864.12, high 2883.81

RSI @ 53.64

CMF @ 0.109

Internals were :

Down volume led by 1.50 to 1 in NYSE & 1.21 to 1 in Nasdaq

Declining stocks led by 2.23 to 1 in NYSE & 1.24 to 1 in Nasdaq

Net new 52 wk low were leading by 104 in NYSE & highs by 22 in Nasdaq

VIX UP 1.57% @ 14.88

Oil @ $67.75

Gold @ $1200.40

Canadian $ @ .6827

Stocks which were UP 1% or more included SQ
BABA BILI CSIQ EXPE MOMO OLED WB
PANW  ROKU FEYE LNG FNSR OSTK
ABX AEM ULTA TSM......

Here is my portfolio weighting :

BZUN      20.10%

SQ            17.20%

FB             15.60%

HUYA       14.50%

NXPI         11.30%

IQ              11.00%

CRUS        10.30%

Next post by 6 PM on Sunday

BLOG does NOT give buy or sell.

Saleem

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