Indices are taking a beating after Chinese GDP came in @ 7.7% which is below consensus.Official target is GDP growth of 7.5% for 2013 ?
S&P 500 @ 1565.79, low today so far 1564.08
Internals are negative minimum 3 to 1
Oil Down $2.46
Gold Down $134.70
Canadian $ Down 86 tick @ 97.83
VIX UP 20.40% @ 14.52
Portfolio BAC,BBRY,JCP,HMC.....
Most stocks are down
@ 1.53 following are green :
BBRY,LULU,C,MLNX,IBN......
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hey Saleem,
Bought SRPT @ 33.57. I think the drop today is a mispricing and I'll try to take advantage of that. In particular, the Piper Jaffray analyst considered the FDA request a positive in that they might want to give an accelerated approval--he upped his PT to $50 from $35.
Today is a very key day for this bull rally. I'll be interested to see how we close.
Stocktrader
Hi Stocktrader,
I missed this post.
Good research & great find.....biotech & pharma is strong these days.
Saleem
Hey Saleem,
Today is one of my "double duty" mornings, so I'm still catching up on the morning research. There's an extremely positive one about BBRY also, and one pretty good about MSFT (and again talking up cloud prospects which can translate to PFPT). My love affair with PFPT continues apparently.
Stocktrader
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