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
Hey Saleem,
ReplyDeleteI'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
Hi Stocktrader,
ReplyDeleteI 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
Hey Saleem,
ReplyDeleteSold MDSO @ 89.37. I wasn't sure where to go from here, so I just took the pop.
Stocktrader
Hi Stocktrader,
ReplyDeleteGood move in MDSO$$$$$
Saleem