Indices are down waiting to hear "real program to help with creating jobs" NOT "blame game" or silly challenge to Republicans...."Buck stops @ your desk Mr President"..... we all remember "Change we can believe in".......
Internals are negative almost 3 to 1
Oil Down 33 cents
Gold UP $43.80
Canadian $ Down 42 tick @ 101.20
VIX UP 3.06% @ 34.40...this is a very bullish sign ..that VIX is not going crazy.......FEAR subsiding ?
In my portfolio :
Sold NFLX
Sold AUY
Sold BIDU
Bought APKT @ $49.69
Bought PLCM @ $23.80
Bought BIDU @ $147.75
Bought AMZN @ $218.80
Portfolio is APKT,AMZN,BIDU,PLCM
82% exposure
Here is my $ weighting:
BIDU 34.56%
APKT 30.68%
AMZN 20.34%
PLCM 14.42%
Most stocks are down...
@ 2.16 following are UP :
BIDU,AUY,GG,LULU,SINA,GLD,CMG,
GOOG,MOS,SOHU,QCOM,KGC,SNDK,
AAPL,FMCN,SVM,ABX,AEM....
BLOG does NOT give buy or sell.
Saleem
4 comments:
S
great trading on the gold play
what a screwy market
Got BIDU at $148 and AMZN at $217.50
good hunting to all
C
Hi C,
Its smart to buy for next trading day......that has worked well so far.....
Good luck with BIDU & AMZN....both looking good$$$$$
Saleem
Hey Saleem,
Lots of two-directional volatility today--my ULTA is keeping my portfolio performing, but the afterhours ER could change the whole game...
Given my belief that the underlying US economy is strong enough, I hope the Fed does little to nothing as I feel monetary policy has reached it's proper limit. I wouldn't mind some good fiscal stimulus, so I'll be paying attention tonight.
I think it is positive to see oil holding with the euro completely crashing--I see that as a sign of economic strength.
We need a flexible surfboard to ride these waves! Happy surfing! :)
Stocktrader
Hi Stocktrader,
I totally agree with your summation.
US economy is chugging along @ slower pace......
Consumer confidence is the big issue...with politicians creating mistrust & anger.....
Lets hope that "real programs to create real job happens which is measurable tonight"
Saleem
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