Wednesday, February 26, 2014

Indices mixed....

Indices are mixed after giving up on gains.

S&P 500 @ 1844.36, high 1852.65, low 1842.75

Internals are positive by 2 to 1

Oil UP 90 cents

Gold Down $13.50

Canadian $ Down 58 tick @ 87.61....new 4 yr low

VIX UP 4.75% @ 14.32

Portfolio ALU KOG MU SSRI ZNGA

Most stocks are UP

@ 2.15 following are red :

ALU KOG SSRI HMY BBRY FB EXPE NFLX
PCLN KORS AAPLMA TSL CMG SU 
GOOG V SPWR FSLR GRPN C
BRCM AG GMCR SPLK
MCD EGO SLW GG
AEM TRLA GS
TRIP...

BLOG does NOT give buy or sell.

Saleem

3 comments:

stocktrader_1996 said...

Hey Saleem,

Crazy day today...

I've been feeling for a day or two that maybe the high fliers are ready to rest and traditional cyclicals are ready to rise again as the economy breaks out of its weather funk.

Given today's action in the markets, with those high fliers getting hit tremendously hard during the midday selloff, I'll be thinking more about that overnight. I may switch into some financials or industrials.

Stocktrader

stocktrader_1996 said...

Hey Saleem,

The thing I worry most about in selling something like DATA or YELP is that I fear I'll wake up with them being bought out and not be in, and having all my research go to waste.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Today was online tax filing day in my house...kept me away from my usual monitoring....

I saw the market closing green in all indices.....YELP was green & DATA lost little after many days of run......

Most leaders ended green nothing to worry from my perspective....

Giving some gain is nothing to worry about as we are near all time highs.

I think you have a very aggressive portfolio & i will not change it unless some "real crack is evident"

Saleem