Indices are back on track of green & @ high of the day. S&P 500 @ new all time high. Economic data was mixed, GDP below & jobless claims lowest since 2007.
S&P 500 @ 1917.67, high 1917.69, low 1909.82
Internals are positive
Oil UP $1.10
Gold Down $4.30
Canadian $ UP 30 tick @ 91.59
VIX UP .09% @ 11.69
In my portfolio :
Added 48% GRPN @ $6.09
Portfolio WUBA GRPN LULU MU OWW SWIR
Most stocks are UP
@ 2.32 following are red :
GRPN LULU OWW SWIR GG MA COH KORS
DNKN EBAY YUM GOOG YNDX ZNGA
LRCX AMCC CIEN GMCR SBUX
DATA MGA TRLA Z AGU GS
MLNX...
BLOG does NOT give buy or sell.
Saleem
Hey Saleem,
ReplyDeleteSold PANW @ 72.994.
The price action today is not constructive for a breakout to new highs, and the post-earnings followthrough for companies like WDAY is poor also.
Stocktrader
Hey Saleem,
ReplyDeleteBesides selling PANW at the lows of the day, AXLL and WLH went straight up after I sold them, and YELP put on a monster rally running away from my buy offer this morning. It really has been a rough day.
Stocktrader
Hi Stocktrader,
ReplyDeleteI know that happens most of the time when you buy it goes further down ala GRPN & when you sell it goes UP ala AXLL WLH.....
Good luck with your next moves....
Saleem