Indices have recovered most of the morning losses.
S&P 500 @ 1828.47, low 1823.73
Internals are mostly positive except for Nasdaq which is negative.
Oil Down 53 cents
Gold Down $1.30
Canadian $ Down 11 tick @ 93.92
VIX UP 2.69% @ 13.39
In my portfolio :
Sold RALY @ $20.09
Portfolio JKS KOG SINA AUY
Most stocks are Down
@ 2.12 following are green :
JKS SINA AUY BBRY FB SLW BIDU
MS PCLN AAPL GOOG TSL CSIQ
ARUN GMCR BRCM C PANW
GG AEM WUBA CSOD Z
TRLA WYNN GS
YELP.......
BLOG does NOT give buy or sell.
Saleem
Hey Saleem,
ReplyDeleteCheck out this note:
15:08 EDT TXTR theflyonthewall.com: Textura added to Best Ideas List at Barrington
Barrington said the issues mentioned in a recent short seller report on Textura are baseless and created a buying opportunity in the stock. The firm added Textura to its Best Ideas List and maintains a $55 price target on the stock. :theflyonthewall.com
I'm not sure how much reputational damage has been done even if all allegations are baseless, but it was this kind of enthusiasm I had for the stock before.
Stocktrader
Hi Stocktrader,
ReplyDeleteTXTR is responding positively to the "best idea"...volume is better also....
I think there are other better opportunities in the market...
Saleem
Hi Stocktrader,
ReplyDeleteAdded 175% KOG @ $10.66
Saleem
Hey Saleem,
ReplyDeleteI am disturbed by this market still and don't plan on buying anything (because I often get into trouble with this). The $TRAN is well underperforming today and the $RUT is also weak.
It occurred to me that a potential negative catalyst would be a preannouncement from a major company after the bell today, although a negative market reaction might reset the bar nicely for future reports. We never see the positive preannouncements anymore, just the negative ones, so I think the risk is downside first (although very possible no one negatively preannounces).
I also think TXTR is too difficult to play still. Good luck with KOG! :)
Stocktrader
Hi Stocktrader,
ReplyDeleteComfort level needs to be there for your buying....
TWTR behaved very well off the lows....good indicator....
Saleem