Indices are showing sign of fatigue.....as they barely closed in green......
TAPE is giving sign of downward pressure building......
Solar stocks were on fire thanks to many upbeat guidance by companies like LDK & CSIQ...
Stocks that were UP 3% or more included LVS,WYNN,TSL,SOLF,
JKS,LDK,DQ,YGE,JASO,STP,
In my portfolio :
Covered my short in LVS..first 22 cents per share loss in my short strategy....
Went long on LVS @ $38.55
Why did i go long in LVS..first TAPE was strong for a flat day... plus WYNN was flying UP 8.45%...
Portfolio is Long ARUN & LVS..Short AAPL....
May add more short....
INTC reports AH..expecting lackluster ER..which MAY put further pressure on Nasdaq...
AH Futures UP
AH OIL & Gold Down
AH Asian markets UP
In case you watched Mad Money....he was wrong about KLIC warning & no reaction story..KLIC warned AH Thursday & all Chip Equipment maker tanked on Friday.....?????
BLOG does NOT give buy or sell.
Saleem
2 comments:
Saleem,
You got a good short at AAPL. Hope you already covered with profit. You were right with LVS. However, I am waiting for the right entry point. Thanks.
Hi Michael,
YES...i got a quick profit of almost $4 per share in AAPL short.
Saleem
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