Indices are making new highs again.
S&P 500 @ 1630.17, high so far 1631.24
Internals are positive.
Oil UP $1.04
Gold UP $25.20
Canadian $ UP 16 tick @ 99.74...inching towards par with US$.
VIX UP .94% @ 12.95
Portfolio EBAY BBRY AUY
Most stocks are UP
@ 2.21 following are red :
RDN KORS LULU DNKN LEN KOG
PANW LNKD V GMCR JDSU
CIEN FNSR SNDK MON
MCD MGA Z WYNN
IBN....
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hey Saleem,
I sold a couple of my commodity stocks before heading out for lunch. Sold BTU @ 20.94 and SWC @ 12.741. I'm concerned they are vulnerable to pullback.
Stocktrader
Hi Stocktrader,
Comfort level is the key with any stock.
Enjoy your lunch.
Saleem
Hey Saleem,
I meant I went to lunch almost an hour prior to my comment but was waiting for your afternoon post and so didn't write it up until I got back.
The lunch was fine :).
It seems we had some selloff while I was gone and maybe that was the worst of it. All of these pullbacks are so short...
Stocktrader
Hi Stocktrader,
TAPE is getting stronger going into close...which IS a good thing.
Saleem
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