Tuesday, December 15, 2015

Indices UP 1.31% to 1.46%.....NICE !!!!

Indices are near high of the day as oil moves higher, TAPE is strong in anticipation of Fed interest rate hike tomorrow.

 S&P 500 @ 2051.41, high 2053.87, low 2025.55

 Internals are positive by almost 4 to 1 in NYSE & 2 to 1 in Nasdaq

 Oil UP $1.02

 Gold Down $2.30

 Canadian $ UP 1 tick @ 62.68

 VIX Down 9.37% @ 20.60

 Portfolio BBRY BITA CNQ CY FB FIT NFLX VDSI

 Most stocks are UP

 @ 2.49 following are red :

 NFLX TWTR LNKD AAPL TSL CMG YELP AMCC
M STLD SLW GG AEM CSOD......

 BLOG does NOT give buy or sell.

 Saleem
at

3 comments:

  1. UnknownDecember 15, 2015 at 3:34 PM

    Hi Saleem and Stocktrader,

    I had a plan to sell XIV and UPRO today. But the trend showed me not to. Can you please check XIV chart and share your views? I would appreciate your inputs.

    Tomorrow is the important day. I am pretty sure Yellen will give us a Santa rally. I don't know how long will it last.

    Good luck to you

    Joseph

    ReplyDelete
  2. Stocks100December 15, 2015 at 5:38 PM


    Hi Joseph,

    I think there is a good chance that VIX could make a 10% down move, which should help your XIV exposure.......IF i were you, i will take that 10% benefit of that move and move on.....

    Good luck $$$$$

    Saleem

    ReplyDelete
  3. UnknownDecember 15, 2015 at 6:34 PM

    Thanks Saleem

    ReplyDelete