Thursday, January 29, 2015

Indices UP .38% to .62%...NICE !!!!!

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:

  1. Hey Saleem,

    Sold YELP @ 53.229.

    Stocktrader

    ReplyDelete
  2. 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

    ReplyDelete
  3. Hi Stocktrader,

    Good company thrives in all economic environment.

    Challenge is to find those winners.

    Good luck with your rethink.

    Saleem

    ReplyDelete