Nasdaq,Dow made another high today & S&P 500 came within fractions so far......
Gold UP $5.40
Oil UP 32 cents
Canadian $ UP 25 tick to 88.29
Portfolio is APWR,VXX,QID.....
Most of the stocks are UP
@ 1.03 following are green :
APWR,MRVL,TSL,CSIQ,SOLF,AAPL,RIMM,CREE,
BIDU,X,V,TC,TCK,LULU,FSLR,ISRG,SNE,VAR.
BLOG does NOT give buy or sell.
Saleem
6 comments:
Closed my short position. Sitting on cash until the direction becomes clear.
Hi Victor,
Market has defied technical overbought definitions so far....
So it is wise to be in cash !!!!
Saleem
Saleem,
VXX hit new LOD. It is extremely oversold. I will double down if it continues going down tomorrow. Sometimes, you have to be patient on the other side as well.
Michael
Hi Michael,
Michael is in "blowoff mode"....
Smart trade is where we will be in next 30 days....
VXX should workout near these levels.....
Saleem
Hi Michael.
I meant "market is in blowoff mode"
Saleem
Look for a big volume day with not much price movement.
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