Wednesday, February 3, 2016

Indices mixed......

Indices are mixed after being sharply lower on continued jitter about world economic strength. Oil was sharply higher from open but it did not help traders sentiment as most equity traders are not familiar with oil pricing mechanism. Indices are currently @ high of the day.

S&P 500 @ 1906.45, high 1913.98, low 1872.23

Internals are mixed

Oil UP $2.17

Gold UP $14.70

Canadian $ UP 2.53 cents @ .6202 US$, Lowes takeover of a Canadian home improvement outlet for $2.3 billion US is shooting CAD higher.....

VIX UP 3.59% @ 22.77

In my portfolio :

Sold AMZN @ $533.00

Bought FB @ $112.02

Added 40% LNKD @ $188.53

Portfolio is BIDU CNQ CTSH FB JKS LNKD MSFT SBUX V

Most stocks are down

@ 2.37 following are green :

CNQ CTSH V RLYP TWTR AAPL LULU SU EBAY
FSLR SPWR CIEN LRCX AMBA AAL M SPLK
ABX SLW GG AEM CCJ DATA VRX WYNN
LVS GS AGU......

BLOG does NOT give buy or sell.

Saleem

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