Wednesday, May 13, 2015

Indices mixed....

TAPE is struggling after being down for 2 days.

 S&P 500 @ 2097.75, low 2097.24, high 2110.19

 Internals are positive

 Oil UP 5 cents

 Gold UP $22.30

 Canadian $ UP 55 tick @ 80.41, 5 months high

 VIX UP .14% @ 13.88

 Portfolio AKS BBRY GPRO LULU KORS RAD VDSI

 Most stocks are UP

 @ 2.26 following are red by 1% or more :

 KORS YELP LNKD WUBA AMZN AMCC LSCC
M WYNN....

 BLOG does NOT give buy or sell.

 Saleem
at

3 comments:

  1. stocktrader_1996May 13, 2015 at 11:42 AM

    Hi Saleem,

    Sold a bunch of stocks about a half hour ago (was waiting for the afternoon post):

    Sold URI @ 104.34
    Sold AA @ 13.80
    Sold GM @ 34.814
    Sold SPLK @ 69.974
    Sold EMN @ 78.487

    It really seems like rates want to keep spiking higher. I was going to try and hold out for expiration which I thought might be positive, but the landscape is changing quickly.

    Stocktrader

    ReplyDelete
  2. stocktrader_1996May 13, 2015 at 12:06 PM

    Hi Saleem,

    Bought TZA @ 10.42 to protect the rest of the positions.

    Stocktrader

    ReplyDelete
  3. Stocks100May 13, 2015 at 12:19 PM

    Hi Stocktrader,

    It is all about comfort level with the market & current TAPE which remains erratic.

    Good luck with TZA.

    Saleem

    ReplyDelete