Wednesday, April 9, 2014

Indices UP .76% to 1.32%....NICE !!!!

Indices are @ high of the day confirming this new uptrend. Fed minutes showed no dissent in policy matters.

 S&P 500 @ 1866.01, high 1866.60, low 1852.38

 Internals are positive by almost 2 to 1

 Oil UP 91 cents

 Gold UP $1.20

 Canadian $ UP 54 tick @ 91.33

 VIX Down 6.25% @ 13.96

 In my portfolio :

 Bought GRPN @ $7.40

 Portfolio WUBA GRPN LULU MU OWW RAD

 Exposure 159%..highest in 12 months

 RAD reports before open Thursday, expectations are :

Q4 Sales $6.54 Billion EPS 4 cents
Q1 guidance Sales $6.37 Billion EPS 7 cents

 With new purchase 2 days ago guidance could be lower....

Most stocks are UP

 @ 2.09 following are red :

 OWW GM TSLA SU RVBD CRUS 
JCP ABX AEM WLT .....

 BLOG does NOT give buy or sell.

 Saleem
at

2 comments:

  1. stocktrader_1996April 9, 2014 at 2:57 PM

    Hey Saleem,

    First that analyst note about CSOD, and now the warning from IMPV. I think there are early indications of lengthening sales cycles as more competitors enter each market--I'm not even sure the leaders will be insulated.

    Stocktrader

    ReplyDelete
  2. Stocks100April 9, 2014 at 3:05 PM

    Hi Stocktrader,

    Seems like they are all chasing same limited business...few will come out OK...but most will struggle....

    I have not gone in-depth into cloud..so no idea who the winner will be...based on what i have seen...everyone is losing money ?

    Saleem

    ReplyDelete