Thursday, July 24, 2014

Indices mixed

Indices are mixed on good economic news in China & US. S&P 500 @ new all time high.

S&P 500 @ 1987.54, high 1991.39, low 1985.86

Internals are negative

Oil Down 90 cents

Gold Down $14.00

Canadian $ Down 23 tick @ 92.51

VIX UP 1.74% @ 11.72

In my portfolio :

Sold FB @ $76.50

Sold MU @ $34.01

Bought GM @ $36.40

Portfolio EGO GM LULU RAD SWIR

Most stocks are down

@ 2.29 following are UP 1% :

RAD LULU FB MU WUBA YY YELP TWTR 
YHOO LNKD BIDU COH EBAY FFIV
ONVO INVN YNDX BSFT HIMX
ARUN JCP PANW SPLK 
SBUX DATA CSOD
WLT TRLA YELP
Z MLNX....

BLOG does NOT give buy or sell.

Saleem




2 comments:

stocktrader_1996 said...

Hey Saleem,

Sold all the AAL in two chunks: 1st - 42.37, 2nd - 42.802 after it rebounded some. Besides the large increases in international capacity, and the problems in Venezuela, they think load factors have basically peaked.

Added to NXPI @ 65.695. It was a nice clean quarter and the chart is not extended.

I am actually worried about the overall market here. Some great companies are suddenly seeing problems, and I feel like the rush to buy is abating.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Good move in AAL.

Good luck with NXPI...

TAPE is weak today & gains are not holding even in mighty FB....

Saleem