Indices are down on lower commodity prices. Oil being the main drag.
S&P 500 @ 2096.11, low 2090.41, high 2108.78
Internals are negative.
Oil Down $1.07
Gold Down $1.80
Canadian $ Down 18 tick @ 68.37
VIX UP 1.81% @ 15.79
In my portfolio :
Added 20% CY @ $10.63
Portfolio CNQ CY FB FIT LULU NFLX VDSI
Most stocks are down
@ 2.40 following are green :
CNQ FB LULU AMZN GOOGL COH BIDU
SINA EXPE V YELP CRUS C QIHU
GMCR SBUX MCD MS AGU
TRIP.....
CNQ reported a beat on Sales & EPS....
Q3 Sales expected $2.88 billion, actual $3.11 billion
Q3 EPS expected loss of 10 cents, actual profit of 10 cents
Stock of CNQ UP nicely by 5.19%
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Good luck with more CY.
Bought LNKD @ 250.00
Despite being very overbought, there hasn't been many opportunities to get in to the stock. Many fund managers were underweight LNKD due to its earnings miss over the summer and this move probably caught them offguard. Massive user growth in China combined with improving monetization in the US is creating a perfect mix of much future growth and profits. I know I'm getting in at probably a poor time, but I think the downside is limited to $240 while upside to $300 remains as the overall market cap seems attractive for a property that has no competition.
Stocktrader
Hi Stocktrader,
LNKD has performed well lately and showing strength.
Good luck with your entry in LNKD.
Saleem
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