Indices are continuing their run into more record in Nasdaq, S&P 500 is next, but Dow is far far behind.
S&P 500 @ 2132.19, high 2132.30, low 2123.65
Internals are negative by almost 2 to 1
Oil Down 91 cents
Gold Down $27.20
Canadian $ Down 24 tick @ 70.06..another low since 2009
VIX UP .50% @ 12.01
Portfolio GPRO LULU RAD TWTR VDSI
Most stocks are lower
@ 2.49 following are green :
GPRO LULU TWTR AMBA LNKD BIDU TSLA PCLN
AAPL FB WUBA LVS AMZN DNKN CMG EBAY
YUM MA V GMCR SPLK SBUX DATA ....
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hi Saleem,
Added to XOOM @ 25.22
Added to WLH @ 24.26
I still like XOOM for the fantastic risk/reward--$25 absolute bottom, $28+ for if another buyer comes in.
I think rates will stay tame as inflation looks tame, and WLH looks perfectly geographically positioned to be in the hottest markets right now. With their low valuation compared to peers, the only risk is poor execution.
Stocktrader
Hi Saleem,
My portfolio was +1.89% last week thanks to AMBA (+11.6%), LBIO (+9.7%), and C (+7.7%). It is now +11.70% YTD versus +3.29% for the S&P.
Some strange things are happening in the market right now. I suppose I should be more cautious, but I feel like I have mostly the correct stocks and am still pruning those acting poorly.
Good luck to all in the heart of earnings season! :)
Stocktrader
Hi Stocktrader,
Good luck with Add on in XOOM & WLH.
Like Late Marty Zweig " I am extremely nervous"
You are almost 400% better than S&P 500, that speaks volume about your talent to find "diamond in the rough"
Saleem
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