Indices closed down .25% to .74%....

Indices closed @ low of the day on .25% to .50% reduction debate on Fed rate cut, .25% is all Fed is going to do it.....

S&P 500 2 2976.61, low 2975.86, high 3006.02

RSI @ 55.81

CMF @ 0.011

Internals were :

Down volume led by 1.61 to 1 in NYSE & 1.54 to 1 in Nasdaq

Declining stocks led by 1.29 to 1 in NYSE & 1.51 to 1 in Nasdaq

Net new 52 wk highs were leading by 198 in NYSE & 24 in Nasdaq

VIX UP 6.80% @ 14.45

Oil @ $55.63

Gold @ $1426.70

Canadian $ @ .6914

Stocks which closed green included IQ TSLA BZUN
BIDU MOMO LYFT MU LRCX WB SINA VICR
FSLR CSIQ FFIV RIG BABA MGA MSFT X M
TSM CNX.....

In my portfolio....

Sold AMD $33.05

Sold BZUN $52.10

Here is my portfolio weighting :

TSLA        26.00%

FB            25.10%

TWTR     18.60%

CIEN       10.90%

NEM         9.90%

IQ             9.50%

Next post by 6 PM on Sunday

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed