Wednesday, January 22, 2014

Indices mixed.....

TAPE is following a churning pattern of down then trying to recover, Nasdaq is bucking the trend by staying positive.

S&P 500 @ 1844.38, high 1846.58

Internals are positive

Oil UP $1.79

Gold Down $2.40

Canadian $ @ 4.5 year low, down 1.12 cent @ 89.23, Canadian Central bank is hinting @ interest rate cut.

VIX UP .54% @ 12.94

Portfolio JKS KOG MU AUY

Most stocks are UP

@ 1.56 following are red :

AUY LULU OTEX TWTR AMCC FB LNKD M
EXPE AMZN MS PCLN GOOG CMG LVS
EBAY FFIV COH YNDX GRPN X STLD
EGO SLW GG AEM WUBA WYNN
WLT AGU YELP MLNX.....

BLOG does NOT give buy or sell.

Saleem

4 comments:

stocktrader_1996 said...

Hey Saleem,

I didn't like the price of the puts nor straight shorting, but SNDK is my pick for worst AH action.

For once, every move I made today worked well :)

Stocktrader

Stocks100 said...

Hi Stocktrader,

We all "deserve a break".....

CRUS above 50 & 200 DMA now....

Good luck with your timely moves today.....

Saleem

Stocks100 said...

Hi Stocktrader,

Forgot..biggest short tonight could be NFLX......

Saleem

Stocks100 said...

Hi Stocktrader,

Looks like your hunch on SNDK was correct....guidance muct be lower than expected...down $1.75 so far...

Saleem