Friday, 8 January 2016

Indices closed down .98% to 1.08%......

Indices closed near low of the day. Payroll report was way better than expected in both US & Canada. Oil continued its downward march and Canadian $ @ 13 year low.

S&P 500 @ 1922.03, low 1918.46, high 1960.40

RSI @ 29.67

CMF @ -0.111

Internals were :

Down volume led by 3.73 to 1 in NYSE & 2.75 to 1 in Nasdaq

Declining stocks led by 2.13 to 1 in NYSE & 2.49 to 1 in Nasdaq

Net new 52 wk lows were leading by 525 in NYSE & 345 in Nasdaq

VIX UP 8.08% @ 27.01

Oil @ $33.16

Gold @ $1097.90

Canadian $ @ 58.32

Stocks which closed in green included JKS
SWIR AAPL FIT LVS CSIQ YHOO 
EBAY FFIV CRUS GMCR CCJ 
MGA Z....

Here is my weighting :

BIDU  23.90%

FB      18.10%

CNQ  14.96%

CY     10.14%

VDSI   9.89%

NFLX  6.90%

BITA   6.55%

JKS      5.84%

BBRY  3.72%

Next post by 2 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem


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