Wednesday, January 21, 2015

Indices mixed......

Indices are on both sides of flat, not sure about its moves. ECB bond buying program details have been leaked ahead of Thursday's announcement, but it seems, this news is already discounted.

S&P 500 @ 2026.92, high 2038.29, low 2012.04

Internals are mixed

Oil UP 97 cents

Gold Down $1.40

Canadian $ Down 2.44 cents @ 76.45, Canadian Central Bank cuts interest by .25% to .75% to compensates for household debts and oil shock to Canadian economy, also lowered GDP numbers for this and next year.

VIX Down 1.65% @ 19.65

In my portfolio :

Sold NXPI @ $80.00

Portfolio AKS BBRY EGO GPRO MU TSL

EGO lowered Gold production estimates to 640,000 to 700,000 oz for 2015 and all in cost are higher to $960 to $995 per oz vs $780 in 2014. Many analyst cut their ratings, but price target remained @ $10.00 as it remains profitable...huge volume selling today DOWN 18.78%...

Most stocks are higher

@ 2.35 following are red :

BBRY EGO SWIR JCP OTEX GRPN LULU 
CMG EBAY MA SBUX MCD SLW AEM
DATA MGA MS TRLA Z AGU TRIP.....

BLOG does NOT give buy or sell.

Saleem

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