Indices are mixed, with Nasdaq showing green.
S&P 500 went to 1419.15, currently @1415.76.
Internals are negative.
Oil Down 1 cent
Gold Down 80 cents
Canadian $ Down 26 tick @ 100.62
VIX UP 7.22% @ 15.29
In my portfolio :
Sold AMZN
Sold LEN
Sold MS
Portfolio is CNQ,OTEX,RIMM,RVBD
Exposure 96% from 154%...58% reduction in exposure.
Most stocks are Down
@ 1.50 following are UP :
RVBD,AMZN,LEN,AAPL,CLF,JCP,LVS,
GOOG,LNKD,BIDU,FCX,MOS,FFIV,
M,LRCX,MU,BRCM,JDSU,CIEN,FNSR,
SBUX.....
BLOG does NOT give buy or sell.
Saleem
Saleem
ReplyDeleteI am very happy for you, turning a bad trade to a great trade. Hope we all could do that
Hi Up,
ReplyDeleteAMZN was my largest position & was stuck for 2 months with loss.
Thanks for your comment.
Saleem
Hey Saleem,
ReplyDeleteWhen the market moves up when you're not in, it feels awful, like you're short. Friday afternoon and yesterday were rough. I jumped the end of quarter selloff too much and missed some good action (although in the scope of the last 3 months, it isn't that much!)
I don't even have a good plan anymore--hopefully the market whispers a good one to me! :)
Stocktrader
Hi Stocktrader,
ReplyDeleteI know the feeling, after selling LULU,COH,CMG,LVS...they all went to moon......
BUT..you really missed a small rise in prices.
Saleem
C
ReplyDeleteI sold AMZN at 209.46 when market gaining points and Amazon didn't do a thing. That is telling me stock needed a rest, but since it drop back to 206, i am getting back in for a trade. Hope for the best
UP
ReplyDeleteI will wait for tomorrow to see what a new day brings
Lots of stocks out their
Cash is KIng
Good luck on re-buying
C
Hi C,
ReplyDeleteThanks for your "conviction note about AMZN"......sometimes conviction CAN cost money also....but @ least it worked out with AMZN......
Saleem