Wednesday, April 23, 2014

Indices down .10% to .73%.......

Indices are slightly lower today after reversing higher for many days.

 S&P 500 @ 1875.86, high 1879.75, low 1873.91

 Internals are mixed

 Oil UP 16 cents

 Gold UP $3.10

 Canadian $ Down 6 tick @ 89.71

 VIX UP 1.52% @ 13.39

 In my portfolio :

 Added 15% LULU @ $48.12

 Portfolio WUBA GRPN LULU MU OWW

 Exposure 173%

 Most stocks are down

 @ 1.37 following are green :

 MU GM GG OTEX COH AG KOG JKS SU SPWR
INVN CIEN JDSU BRCM C M STLD X ABX
ABX SLW AEM GIB WLT MLNX....

 AH ER of FB & AAPL may not live up to expectations.

 BLOG does NOT give buy or sell.

 Saleem




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5 comments:

  1. stocktrader_1996April 23, 2014 at 12:54 PM

    Hey Saleem,

    I decided to take a "safe" approach ahead of some key earnings and sold the following:

    NOW @ 53.053
    PANW @ 69.094
    PFPT @ 30.371
    YELP @ 64.444
    DATA @ 63.253
    SPLK @ 61.495
    TRIP @ 83.346
    ~ 1/2 my AAL @ 36.993

    Stocktrader

    ReplyDelete
  2. Stocks100April 23, 2014 at 1:36 PM

    Hi Stocktrader,

    Definitely "surprised" by this move.

    Saleem

    ReplyDelete
  3. stocktrader_1996April 23, 2014 at 3:00 PM

    Hey Saleem,

    The reaction like we see in NOW is what I was concerned about. Of course, after hours is often a false take, so I really want to see how they trade tomorrow.

    Stocktrader

    ReplyDelete
  4. Stocks100April 23, 2014 at 4:11 PM

    Hi Stocktrader,

    AH reaction is tricky sometimes....

    NOW is trading in a very close range now based on bid & ask.....

    Saleem

    ReplyDelete
  5. stocktrader_1996April 23, 2014 at 4:13 PM

    Hey Saleem,

    Yes, up $3 to down $2, now around flat.

    Stocktrader

    ReplyDelete