Indices are struggling with severe overbought conditions.......S&P 500 & Nasdaq are in RED.....
Gold Down $4.40
Oil Down 88 cents
Canadian $ Down 33 tick to 98.66
In my portfolio :
Added 50% more VXX @ $22.06
Added 20% more APWR @ $12.47
Portfolio is APWR,VXX,QID....
@ 12.15 following are Green :
PWRD,FDX,TQNT,SOHU,NTES,AMZN,GAME,
PALM,FMCN,SNDA,NDAQ,FUQI,ASIA,SNE,VAR....
BLOG does NOT give buy or sell.
Saleem
10 comments:
Saleem,
TSL is under pressure due to the secondary offering. Please comment if it is good opportunity to add TSL? I only have VXX and SMN.
Michael
Hi Michael,
Below $21 is a good entry point for TSL.....
My guess is that secondary could be priced in $21 area +-
Saleem
Saleem,
I will wait for the dust settling down before I make any move on TSL. I just added in APWR. Thanks for your comment.
Michael
Hi Michael,
APWR just tested 200 DMA @ $12.26..so far it has been OK......
I have been averaging down in APWR..still my cost is $16.06...
Good luck with APWR.....
Saleem
SALEEM
More green than ever
WOW what a day
regards
Hi Madmax,
Most stocks are RED on my screen ???
Saleem
Saleem,
Purchased QID as insurance.
Hi Victor,
QID is great for insurance !!!!
Saleem
SALEEM
What I meant to say is GE , GNK and GS are green
and can not be kept down
I am so surprised as to there resiliency
Cheers
Hi All,
Ummph! This market looks tired. With this big vote coming over the weekend there could be some fireworks to the downside.
Best Regards
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