Thursday, December 12, 2013

Indices mixed.....

Indices are mixed & is off the lows, worry remains what Fed will do about Taper.

S&P 500 @ 1780.02, low 1772.28

Internals are mixed

Oil UP 19 cents

Gold Down $30.90

Canadian $ Down 52 tick @ 93.92

VIX UP .32% @ 15.47, looks like it has reached its peak today @ 16.09...looks bullish for equities...

Portfolio JKS QIHU RALY SINA AUY

Most stocks are down

@ 2.24 following are green :

JKS QIHU SINA KOG MU EXPE FB TSLA AMZN
NFLX LUV MS KORS AAPL TWTR TSL
YHOO CSIQ CMG LNKD YNDX C
FSLR GRPN SPLK SBUX X SU
WUBA TRLA Z GS YELP...

BLOG does NOT give buy or sell.

Saleem


3 comments:

  1. Hey Saleem,

    Sold DRYS @ 3.48 to reduce some of my bulker exposure. Historically the $BDI falls into year end (although it has usually already started that fall) and I think there could be a better buying opportunity besides the fact that I was too overweight.

    Stocktrader

    ReplyDelete
  2. Hi Stocktrader,

    Good move in bringing weighting in line....

    Do you know what happened to RALY today?

    Saleem

    ReplyDelete
  3. Hey Saleem,

    I think it's just a problem with weakness begetting weakness into year end. There's no institutional support for the next 2+ weeks.

    Stocktrader

    ReplyDelete