Indices are down again on Cyprus issue.
S&P 500 @ 1540.35
Internals are negative by 2 to 1
Oil Down $1.44
Gold UP $6.60
Canadian $ Down 63 tick @ 97.18
VIX UP 14.67% @ 15.32
Portfolio BAC,BBRY,JCP,YHOO
Most stocks are down
@ 1.50 following are green :
BAC,EBAY,HMC,GG,GMCR,FSLR,AEM,
SPWR,MGA......
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hey Saleem,
I have one more position available in cash, but I just can't find the right stock despite wanting to add now on this dip. FCX looks somewhat interesting but materials stocks overall appear troublesome still. MS could rebound sharply on resolution of this Cyprus issue, but I have a lot of financial exposure already. Otherwise, I could re-enter some of my previous sells like PANW or BSFT or AUDC, but I'm not sure whether the weakness is finished there. You see my dilemma...
Stocktrader
Hi Stocktrader,
EBAY looks very good here on many fundamental improvement.
Saleem
Hey Saleem,
Thanks for the suggestion and it definitely looks attractive from a support standpoint. If they ever decide to spinoff Paypal the stock could jump very nicely!
Stocktrader
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