TAPE is staging an oversold bounce and is near high of the day.
S&P 500 @ 2011.22, high 2013.66, low 1989.18
Internals are positive by 50%+
Oil Down 38 cents..6 year low
Gold Down $29.40
Canadian $ Down 84 tick @ 73.82..6 year low
VIX Down 3.57% @ 19.71
Portfolio AKS BBRY EGO GPRO MU TSL
Most stocks are UP
@ 2.28 following are red:
AKS EGO GPRO QIHU GG YELP YHOO TWTR
YY GOOGL BABA BIDU LVS JKS SU FEYE
FSLR SPWR CSIQ HIMX CRUS SNDK
FNSR JDSU GMCR X STLD ABX
SLW CCJ WYNN.....
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hey Saleem,
Sold YELP @ 53.229.
Stocktrader
Hey Saleem,
I am less clear than ever on the direction of revenue and margins in this disin-/de- flationary environment. Are even the high growth companies affected?
I need to keep shrinking as this plays out, and I think the winners will emerge.
Stocktrader
Hi Stocktrader,
Good company thrives in all economic environment.
Challenge is to find those winners.
Good luck with your rethink.
Saleem
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