Market lost its momentum & reversed towards the close......the slump was very steep & indices barely made it above lows of the day......
I am "very concerned" @ this "frequent reversal lately"...NOT a good technical indicator of markets health......
I have reduced my market exposure to 50% only...lowest point since march lows....it is for my OWN comfort level......
In my portfolio :
Bought POT @ $94.66
Bought LVS @ $14.86
Portfolio is AUY,GNK,LVS,MRVL,POT,SLW....as you can see my exposure is tilted towards commodity/economic activity related sector ...
AH Futures are mixed
AH Nikkei is down
AH Gold is UP
AH CSCO ER was greeted with 2.83% gain......
BLOG does NOT give buy or sell.
Saleem
GOOD Morning to you kind sir...
ReplyDeleteLooking mighty GREEN today
Here is my analysis of our common and not so common stocks:
AAPL $231.00 52.58
AT&T(T) $13.00 42
AUY $9.75 54
CHU $9.50 50
DSX $23.00 43.7
GNK $40.50 41.4
GE $23.00 36
GS $150.00 39
MRVL $23.00 46
SLW $13.75 58.46
LVS $13.75 55.5
POT $84.00 48
Hi Madmax,
ReplyDeleteThanks for your analysis.
Markets are looking UP...
It is all about Jobs data Friday 175K loss is consensus.
Saleem