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

2 comments:

stocktrader_1996 said...

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

Stocks100 said...

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