S&P 500 went to 1247.61 @ low of the day. S&P 500 is down the most.
This weakness is extremely surprising for me, after Italy & Greece are on side.
Maybe HFT with their black box have other agenda ?
Internals are negative by 3 to 1
Oil Down $1.12
Gold Down $8.50
Canadian $ Down 64 tick @ 98.32
VIX UP 6.86% @ 32.10
Portfolio is BIDU,LVS,MS,PCLN,RVBD.....
Most stocks are down
@ 2.08 following are green :
PCLN,BIDU,LVS,RVBD,AMZN,CLF,WYNN,
APKT,MPEL,VMW,FFIV,QCOM,GOOG,CRM,
JDSU,CIEN,ARUN,FMCN,SINA,PWRD.....
JCP ER was a mixed bag, beat on Q3, but guiding down
for Q4, stocks Down 2%
BLOG does NOT give buy or sell.
Saleem
Saleem
ReplyDeleteI have the APPLE call at strike of $365 and expires Dec 20th cost was $39.50
was looking at MS for a buy here or more EVEP
Ideas
thanks for the feedback
Saleem,
ReplyDeleteThis morning I heard some news in regards to Spain before I left for an early flight. Basically, they said the risk premium has reached higher. Therefore the treasury is paying higher in interest > 6%. May be this is the reason. Greece, Italy, and now Spain.
I bought LVS at 47.
Michael
Hi C,
ReplyDeleteIF there is a rally & a breakout MS should be more than OK.....
The reason i was asking about AAPL option expiry & strike..it tends to lose $ for $ in downtrend & also gains $ for $ in Uptrend....
You have 5 weeks to see how it goes.......
Saleem
Hi Michael,
ReplyDeleteI was hoping that we have discounted all this bond yield movements......
Hopefully, we should move higher this week....
Good luck with LVS, behaving well in a down day.
Saleem