Monday, April 7, 2014

Indices down .83% to 1.56%......

Indices are under renewed selling pressure after early buying.

S&P 500 @ 1844.99, low 1843.28, high 1864.04

Internals are negative by minimum 3 to 1, Nasdaq almost 5 to 1 negative.

Oil Down $1.11

Gold Down $5.60

Canadian $ UP 15 tick @ 90.37

VIX UP 13.47 @ 15.84

In my portfolio :

Added 50% MU @ $21.78

Portfolio WUBA LULU MU OWW RAD

Exposure 155%...highest in a year

Most stocks are down

@ 2.09 following are green :

LSCC ONVO AEM ......

BLOG does NOT give buy or sell.

Saleem





2 comments:

stocktrader_1996 said...

Hey Saleem,

I wonder if any of these cloud companies will come out and "defend" themselves by pre-announcing earnings?

Stocktrader

Stocks100 said...

Hi Stocktrader,

I think most cloud companies have seen their lows & hopefully will move UP going into earnings ....earnings will be better than expected..when that happens, there will be a "sharp snapback"

Saleem