Indices are mixed, with Nasdaq staying green.
Economic data in US was on the weak side, thus hesitation in market today.
Internals are mostly positive, with 52 wk highs in the lead.
Gold UP $8.90
Oil UP 80 cents
Canadian $ UP 3 tick @ 98.16
VIX Down .14% @ 21.02...staying near lows, good for equities.
In my portfolio :
Added 60% CNQ @ $37.84
Portfolio is AMZN,CNQ,CMG,COH,LVS,RIMM,RVBD
Here is my real time weighting :
CMG 20.15%
AMZN 18.88%
RIMM 15.63%
LVS 15.26%
CNQ 11.78%
RVBD 10.67%
COH 7.63%
Exposure 133%
Most stocks are UP
@ 2.05 following are down :
AMZN,CMG,COH,RVBD,FIO,MOS,WYNN,AAPL,
SNDK,PCLN,VMW,FFIV,BWLD,APKT,JCP,TLM,
JDSU,FNSR,CRUS,OTEX,ULTA,NVDA,EGO,ABX,
AEM,BJRI,KOG,IBN,SNE....
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hey Saleem,
The market is relentlessly moving higher. I still outperformed today due to some good movers, but I need to get back to full allocation soon. I can't think of anything new that could derail us at this point.
Stocktrader
Hi Stocktrader,
YES..market is moving in a disciplined & sustained manner.
This kind of move create stability & avoid extreme volatility....
More than ideal market for concept stocks......
Good luck in your picks.
Saleem
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