Thursday, July 25, 2013

Indices mixed.....

Good earnings are being rewarded today.

S&P 500 @ 1686.16, high 1689.42

Internals are positive

Oil Down 12 cents

Gold UP $8.10

Canadian $ UP 36 tick @ 97.21

VIX Down 1.06% @ 13.04

In my portfolio :

Sold YHOO calls @ 45 cents

Sold KORS @ $64.32

Bought FB @ $32.75

Portfolio AMD FB MU AUY

Exposure 121%

Most stocks are UP

@ 2.21 following are red :

CLF CSIQ POT WLT LEN GMCR SODA 
AAPL GOOG HMC DNKN EBAY M
LVS COF GG JDSU CIEN SNDK
MON MS MLNX WYNN GS
FCX.....

BLOG does NOT give buy or sell.

Saleem

4 comments:

stocktrader_1996 said...

Hey Saleem,

I'm not sure if you saw my prior comment, but I sold CLF ahead of earnings for the various reasons mentioned.

I'm wondering what to do with MDSO now. I'll probably sell at close and take a breath on that one.

I bought TRLA earlier and it is roughly flat while Z is up $3-$4 since. I wonder if I made the wrong choice?

Stocktrader

Stocks100 said...

Hi Stocktrader,

I was researching for my BLOG when you wrote.

CLF selling makes sense...yes booking profit in MDSO is a good idea.

Z has been behaving strong for a long time.

Saleem

stocktrader_1996 said...

Hey Saleem,

Sold MDSO @ 89.37. I wasn't sure where to go from here, so I just took the pop.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Good move in MDSO$$$$$

Saleem