Indices are UP with S&P 500 strongest so far.....
S&P 500 challenge is to close above 200 DMA which is 1113.67.....
RSI is S&P 500 is 59.18
Gold Down $2.50
Oil UP 8 cent
Canadian $ UP 59 tick to 96.97
In my portfolio :
Sold CSIQ
Bought VXX @ $22.90
Portfolio is EGO,VXX......
@ 12.48 following are UP 2% or more:
BIDU,CREE,CRUS,C,BAC,BCSI,ISRG,
PMCS,M,RCI,TKC,IGT,FUQI,VLO....
BLOG does NOT give buy or sell.
Saleem
6 comments:
SALEEM
I do NOT know VXX it tracks the S+P it tracks short term futures??
It seems confusing to me
GOOD luck
Max
SALEEM
I Like EGO
RSI is 44 and target is$$$$32.
Is it to late to get some??
THe tankers are getting interesting--here are some that I watch
RYS DSX EGLE EXM ESEA FREE FRO GNK NM SFL PRGN SEA TBSI SSW GLNG NAT TNP GMR VLCCF
Cheers
Hi Madmax,
VXX is a bearish bet.....IF market goes down ..this goes UP....
How the valuation is calculated..is not that critical...
VXX is based on short term futures in S&P 500.....
Saleem
Hi Madmax,
IF you buy EGO right now.....your cost will be lower than mine...my cost $16.77....
Good luck in your decision....
Saleem
SALEEM
I got a tiny position in EGO at $16.02
I still have big position in GE and very small in MCD, LLY and NLYM MCD SFLDD and CIEN and RFMD
the last two are in the red and I am so mad that I did not sell em when the buys turned sour.
But is internet stuff turns around they may do better
best to all
Hi Madmax,
Good luck with EGO.
Saleem
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