Indices are slightly lower due to disappointing earnings report from "cloudsphere".
Nasdaq is taking a bigger hit by being down .43%...internals in Nasdaq is almost 2 to 1 negative.
FFIV reports tonight......TZOO reports before open....
Oil Down 25 cents
Gold Down $3.40
Silver Down 46 cents
Canadian $ UP 24 tick @ 105.48
VIX Down .47% @ 19.12
In my portfolio :
Added 150% ATML @ $12.57
Portfolio is ATML, UXG, AUY
Exposure 48%...52% exposure reduced today.....
Most stocks are Down.....
@ 1.26 following are green :
AUY,AAPL,LOGI,CNQ,BIDU,GG,MOS,
SLW,AG,SVM,VMW,QCOM,SU,JKS,
C,SOL,JASO,BAC,CRUS,FMCN,ABX,
GS.....
BLOG does NOT give buy or sell.
Saleem
7 comments:
Saleem,
What did you see in this market? Did it reach to its top? I also sold everything except UXG. Let see how it goes.
Michael
Hi Michael,
Market is extremely jittery..so it is important to book profit.
Good earnings report are being met with YAWN...look @ AAPL & VMW...BAD earnings report whole sector is being crushed..look @ RVBD,ARUN,APKT.....
All of the above means...it is smart to take money off the table & do "opportunistic trades"
Saleem
Saleem,
Thanks for the info. I agreed with your view. AAPL should crush $400 today. However, it seems MM wants to book their profits. It is better to take profits off the table and wait for next round. Thanks.
Michael
Hello all
I am still holding my huge core position in APPLE
I like the upgrades that ate $460 and above
More upside to come and APLE is firing on al cylinders up she goes
GS has turned today up $4
good luck to all
S
Sold the last of BIDU so I have 1/2 cash
good luck to all
Still have some FCX and INTC
C
Hi C,
Great trade in BIDU.
Saleem
Saleem,
If I know you reenter LULU, I would buy LULU as well. I rate your blog late and did not wake up early this morning to do anything. Well, I will wait for awhile. LULU is a stock that we should buy on the dip. Thanks.
Michael
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