Indices are down, as there is no positive catalyst today.
Internals are negative by minimum 2 to 1.
Oil down 7 cents
Gold down $3.30
Canadian $ Down 1 tick @ 99.93
VIX UP 7.2% @ 20.41
Portfolio is AMZN,CNQ,RIMM,RVBD
Most stocks are down
@ 1.25 following are green :
RVBD,MU,AAPL,WYNN,LVS,COH,WPRT,
SNDK,PCLN,FIO,NTES,FFIV,BIDU,V,CIEN,
ARUN,GSVC,KOG......
BLOG does NOT give buy or sell.
Saleem
9 comments:
S
Amazon is selling off
bad news or just a set back
Thanks
Hi C,
AMZN is a volatile stock..buy on dip & sell on strength.....
Saleem
Hey c,
I think the shippers have just gone completely short squeeze similar to what the solars did. I don't think the fundamentals support this move given the new shipbuilding continues to put pressure on the dayrates. Be careful please :).
Stocktrader
Stocktrader
Saleem
Thank YOu for the information and concern--much appreciated
YOU are totally correct
But I took a small position (500 shares ) as I too am concerned about the shipbuilding situation--(to manny new ships being built and to many oldies.
If ya can look at fast money last night they did a bang up job explaining the theory for the move up.
D Gartman said he put a major buy in$$$$!
I amy get some amazon today
I just have no luck buying it, and as for selling it to soon....
C
Hey Saleem,
Great day for my portfolio--I've been well green all day. GLNG, MU, and KOG all up over 5% with some other gainers sprinkled in there (including a great $12.59553 SWC buy intraday).
CF to release numbers still tonight--let's hope they don't ruin the party!
Stocktrader
Hi Stocktrader,
YES..your buy of SWC was outstanding..performed great...
Your due diligence is beating markets handily......
I was down .89% in stocks...CAD impact will be known @ around 5.15PM....its based on futures closing price.
Saleem
Hey Saleem,
I got my days mixed up! Today is only the 14th haha--no CF tonight.
Stocktrader
Hi Stocktrader,
CF earnings are when?
Saleem
Hey Saleem,
The 15th after the bell--which is tomorrow, not today...Oops! :)
Stocktrader
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