Indices are trading lower as politicians ramp up their gamesmanship to derail everything, only last 33 hours remains for a work which was supposed to be done 2 years ago......
S&P 500 @ 1700.99, high 1711.57
Internals are negative by 2 to 1
Oil Down 93 cents
Gold Down $2.40
Canadian $ Down 25 tick @ 96.23
VIX UP 7.65% @ 17.30
Portfolio AMCC FNSR JKS MU YHOO
Most stocks are down
@ 2.22 following stocks are green :
AMCC JKS GOOG LNKD QIHU NFLX AAPL
FB TSLA YY CSIQ LVS PCLN GRPN
X SLW GG AEM SPWR WYNN
RALY....
YHOO reports AH ...expectations are Sales $1.08 billion EPS .33 cents....guidance for Q 4 Sales $1.25 billion & EPS 41 cents.....YHOO is expected to show improvement in "mobile ads"..which is an important metric.....
BLOG does NOT give buy or sell.
Saleem
Hey Saleem,
ReplyDeleteDid the rest of my buying:
Bought YY @ 51.11
Bought X @ 23.09
Bought TNA @ 53.546
The TNA position was relatively large to use of the rest of my cash. I bought TNA because on the rally last week it outperformed my picks due to the fact that everything seemed to go up about the same 2%, which propelled the TNA up 6%.
Stocktrader
Hey Saleem,
ReplyDeleteI deployed all my cash because it appears politicians are sane enough to come to a deal within days as evidenced by fruitful negotiations in the Senate and a weakening coalition in the House, and all the discussed deals push the deadlines into next year, which should free up year-end spending and stock prices.
Stocktrader
Hi Stocktrader,
ReplyDeleteGood luck with your logical approach for exposure.....
As for politicians.....i do not think even a 3 yr old does not thinks much of them....
Saleem