Tuesday, March 31, 2015

Indices down .41% to .55%.....

Indices are lower today & near low of the day,reason for weakness could be lower Oil....

 S&P 500 @ 2077.76, low 2073.31, high 2084.05

 Internals are negative

 Oil Down 75 cents

 Gold Down $2.10

 Canadian $ UP 17 tick @ 73.44, January GDP came in better than expected, shrank .1% vs expectations of negative .2%

 VIX UP 2.76% @ 14.91

 Portfolio AKS BBRY GPRO LULU KORS SWIR VDSI

 Most stocks are down

 @ 2.36 following are green by @ least 1% :

 BBRY GPRO QIHU YY PCLN JCP TWTR MU
WUBA CSIQ M MGA ....

 BLOG does NOT give buy or sell.

 Saleem


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3 comments:

  1. stocktrader_1996March 31, 2015 at 12:54 PM

    Hey Saleem,

    Did some selling as the quarter closes and earnings season approaches:

    Sold half FB @ 82.405
    Sold half SPLK @ 59.154
    Sold GM @ 37.481
    Sold HUN @ 22.114
    Sold C @ 51.605

    I expect a "show me" quarter which might indicate more weakness ahead first.

    Stocktrader

    ReplyDelete
  2. stocktrader_1996March 31, 2015 at 12:59 PM

    Hey Saleem,

    This puts me at ~46.5% cash.

    Stocktrader

    ReplyDelete
  3. Stocks100March 31, 2015 at 1:36 PM

    Hi Stocktrader,

    Market is tough, today's TAPE was extremely disappointing.

    Raising cash will provide better opportunity when you are ready.

    Saleem

    ReplyDelete