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





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2 comments:

  1. stocktrader_1996April 7, 2014 at 12:45 PM

    Hey Saleem,

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

    Stocktrader

    ReplyDelete
  2. Stocks100April 7, 2014 at 12:49 PM

    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

    ReplyDelete