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