Indices are in full retreat after rethink of Fed minutes.
Indices are taking it on the chin, with Nasdaq in major reversal.
S&P 500 low today is 1394.09
RSI @ 53.33
CMF is ascending @ 0.329
Internals are bleeding 5 to 1
New 52 wk lows are in the lead after a long time.
Oil Down $2.48
Gold Down $56.30
Canadian $ Down 53 tick @ 100.37
VIX UP 9.26% @ 17.11
In my portfolio :
Sold AMZN
Bought COH @ $74.76
Portfolio is CNQ,COH,JCP,RIMM,RVBD,ZNGA
Most stocks are down
BLOG does NOT give buy or sell.
Saleem
10 comments:
SALEEM
WHat went wrong with our amazon
Should we take the loss????
C
Hi C,
I took my 5th loss of the year with AMZN.....today's drop was very disappointing..also yesterday it did not bounce @ all with market......
Also, i wanted COH bad.....
Saleem
SALEEM
thank you
I agree that amzn disappointment!
May sell today too
this is a short week --- gotta be careful....
Maybe I get COH too.
C
SALeem
stuck my neck out
got some COH
was all set yesterday
but did not pull trigger
CNBC says that next week is start of earning and we can expect week numbers??? Hmmm--Hype?
C
Hi C,
Good luck with COH....you got on better Sale today.....
Saleem
SALEEM
I paid $75 for 100 shares
Lets rock $$$$$$$$$$$
C
Saleem
I am out of AMZN yesterday because of late day drop plus bounce is not what I hoping for. But this stock is a buy after this correction is over. I do expect this stock will run up to earning and a beat.
Salem
J Cramer. Likes znga. Says hold it
Says this is a raging bull market more good to come!
C
Hi Up,
Good luck with your portfolio.
Saleem
Hi C,
ZNGA is a tiny part of my portfolio & is NOT performing well....it priced its secondary @ $12 yesterday..lets hope heavy selling is done already.....
Saleem
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