Indices closed UP 1.11% to 1.65%....NICE!!!

Indices closed UP despite very weak economic data in USA. Oil staying positive was the decisive factor.

S&P 500 @ 2836.74, high 2842.71, low 2791.76

RSI @ 55.01

CMF @ 0.072

Internals were :

UP volume led by 1.43 to 1 in NYSE & 3.28 to 1 in Nasdaq

Advancing stocks led by 1.63 to 1 in NYSE & 2.01 to 1 in Nasdaq

Net new 52 wk lows were leading by 26 in NYSE & highs by 18 in Nasdaq

VIX Down 13.17% @ 35.93

Oil @ $16.94

Gold @ $1735.60

Canadian $ @ .5896

In my portfolio...Bought AMD @ $55.05

Portfolio AMD AAL CIEN CNX DDOG MGM MU SU TWTR

Stocks which were UP 2%+++ CIEN DDOG MGM TWTR
AAPL GILD MRNA SHOP KBH PHM VICR LYFT FB
QCOM XLNX BYND TWLO TSLA UBER FEYE
CGC QRVO NTNX CHK OSTK SWKS CMG
IBM....

Here is my portfolio weighting :

SU         15.59%
MU       15.48% 
CIEN    13.99%
AAL     10.32%
TWTR 10.07%
AMD     9.84%
MGM    8.72%
CNX     8.61%
DDOG 7.38%

Next post by 6 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed