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
4 comments:
Saleem
I 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,
This 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,
IF 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,
I 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
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