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
3 comments:
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
Hi Saleem,
Bought TZA @ 10.42 to protect the rest of the positions.
Stocktrader
Hi Stocktrader,
It is all about comfort level with the market & current TAPE which remains erratic.
Good luck with TZA.
Saleem
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