Tuesday, March 19, 2013

Indices down .38% to .90%......

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:

stocktrader_1996 said...

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

Stocks100 said...

Hi Stocktrader,

EBAY looks very good here on many fundamental improvement.

Saleem

stocktrader_1996 said...

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