Market is trying to consolidate near closing level.
S&P 500 @ 1457.01
RSI @ 68.47...down from 78 level so far
Internals are negative
Oil Down $1.08
Gold Down 40 cents
Canadian $ UP 4 tick @ 102.63
VIX Down 1.1% @ 14.43
In my portfolio :
Bought BIDU @ $112.72
Bought DNKN @ $30.03
Bought EXPE @ $55.11
Bought LEN @ $35.77
Portfolio is BIDU,DNKN,EXPE,LVS,LEN
Exposure 70%
Most stocks are down
@ 1.51 following are UP
DNKN,FFIV,GOOG,AMZN,PANW,FB,BRCM,
ARNA,MCD,SLW,CCJ,SINA.....
BLOG does NOT give buy or sell.
Saleem
Hey Saleem,
ReplyDeleteGGC is absolutely collapsing and I can't figure out why :(.
Stocktrader
Hi Stocktrader,
ReplyDeleteMarket internals are weak & some stocks are weaker....
On the bright side it is only $3 away from 52 wk high......
Yes it is down close to 6%...but volume is less than average so far.....
Saleem
Hey Saleem,
ReplyDeleteYes, I'm not overly concerned about it. I just like to find some news/analyst note to correspond to the drop. Maybe this is just a case of the technicals...
Stocktrader
Hey
ReplyDeleteSaleem
Some interesting buys
I like it.... Great stuff
BIDU is $111.50 I am in at $117 lets rock
In your opinion are we near the bottom??
CNBC says big drop coming whats his name
Doug Kass says short the market--Gosh
thanks
C
Hi C,
ReplyDeleteDoug Kass has been short for six weeks...he is a joke.
BIDU is near support in $111 area....
Saleem
SALEEm
ReplyDeletethanks
Good to know
I think your LEN is again a GREAT selection
Me thinks I should get some too!!!!!
Peace
C