Indices UP 1.20% to 1.67%....NICE !!!!

Indices closed UP near high of the day, after making triple bottom yesterday near 200 DMA. China US seems to be working in secrecy to resolve trade issues. Recession and inverted yield seems to have faded from short memory of Wall Street or HFT traders, It was business as usual.

S&P 500 @ 2888.68, high 2893.63, low 2864.74

RSI @ 44.87

CMF @ 0.202

Internals were :

UP volume led by 8.78 to 1 in NYSE & 4.68 to 1 in Nasdaq

Advancing stocks led by 3.36 to 1 in NYSE & 3.69 to 1 in Nasdaq

Net new 52 wk highs were leading by 107 in NYSE & lows by 44 in Nasdaq

Oil @ $54.87

Gold @ $1523.60

Canadian $ @ .6716

Stocks which were UP 3% or more included AMD BZUN SPWR
MOMO HUYA NVDA UBER MU LRCX WB FSLR BABA
YY ALDR CHK RIG JKS SINA X CNX.....

Here are my portfolio weighting :

FB         26.70%

AMD    23.60%

CIEN   18.00%

TWTR  16.60%

BZUN     8.20%

CRON    3.50%

SPWR    3.40%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed