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
5 comments:
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
Hi Stocktrader,
Definitely "surprised" by this move.
Saleem
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
Hi Stocktrader,
AH reaction is tricky sometimes....
NOW is trading in a very close range now based on bid & ask.....
Saleem
Hey Saleem,
Yes, up $3 to down $2, now around flat.
Stocktrader
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