Indices closed UP 1.28% to 1.85%.....NICE !!!!!

Oil lit the fire on indices again. All indices closed @ high of the day.Internals were strong & all positive.

S&P 500 @ 2022.19, high 2022.37, low 1994.71

RSI @ 65.28

CMF @ 0.360

Internals were :

UP volume led by 5.97 to 1 in NYSE & 5.40 to 1 in Nasdaq

Advancing stocks led by 5.07 to 1 in NYSE & 3.74 to 1 in Nasdaq

Net new 52 wk highs were leading by 147 in NYSE & 10 in Nasdaq

VIX Down 8.59% @ 16.50

Oil @ $38.50

Gold @ $1259.40

Stocks which were UP 2% or more included 
BIDU JKS NTES QRVO 
PANW SPLK SPWR PCLN CNQ 
CTSH LEN CSIQ YHOO SINA EXPE
FFIV LNG VDSI BABA YELP CRUS MU
AMCC CIEN FEYE AMBA AAL CCJ DATA
SWIR CSOD MGA ORCL MS VRX CTRP ZG
WYNN TRIP MLNX....

In my portfolio :

Sold CNQ @ $27.44
Bought JCP @ $11.28
Bought TWTR twice, $16.59, $16.78

Here is my weighting :

BIDU  20.91%

NTES  16.47%

ABX    13.28%

QRVO 11.12%

JKS      9.11%

TWTR  8.01%

V          6.82%

SBUX  6.58%

MSFT  5.56%

JCP     2.14%

Next post by 2 PM on Sunday.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed