Indices are down as focus shifted to "quality of budget deal".....
S&P 500 @ 1791.14, low 1786.71
Internals are negative by almost 3 to 1
Oil Down $1.19
Gold Down $5.20
Canadian $ Down 4 tick @ 94.25
VIX UP 6.11% @ 14.76
In my portfolio :
Added 15% JKS @ $25.66
Portfolio JKS QIHU RALY SINA AUY
Most stocks are down
@ 2.03 following are green :
RALY NFLX TWTR LVS FFIV MA V
GRPN RVBD LRCX BRCM FNSR
M MCD WUBA BBRY WYNN...
BLOG does NOT give buy or sell.
Saleem
Hey Saleem,
ReplyDeleteAdded to my dry bulk exposure with some BALT @ 5.35. Some people think this is the best way to play since all its ships are at spot rates and they are EBITDA positive as of last quarter already.
Stocktrader
Hi Stocktrader,
ReplyDeleteGood luck with trifecta position in Dry Bulk sector...SB DRYS & BALT...
Saleem
Hey Saleem,
ReplyDeleteThanks. I'm trying to take out individual company risk some by diversifying in the sector although I'm probably a bit overweight now. Of course, it is one of my best ideas for 2014, so it can't be that bad! :)
Stocktrader
Hi Stocktrader,
ReplyDeleteWith your deep analysis, i am sure this sector will be profitable for you.
Saleem
Hey Saleem,
ReplyDeleteI was just looking at KOG again for the first time in a while. I might actually step back into that one despite the positive prospects for the US$ next year (which might affect oil prices).
Stocktrader
Hi Stocktrader,
ReplyDeleteI debated this morning between KOG & JKS.....went with JKS...so far JKS is doing fine but KOG is lower than my $10.66 price....
Saleem