Indices are higher on dovish comment by Fed chief yesterday, there is more Fed speak to support that view today.
S&P 500 @ 2065.38, high 2072.21, low 2058.27
Internals are positive by more than 2 to 1
Oil UP 6 cents
Gold Down $9.20
Canadian $ UP 1.10 @ .7036...highest level in 6 months
VIX Down 1.81% @ 13.57
In my portfolio :
Added 100% ABX @ $13.88
Sold QRVO @ $51.26
Portfolio ABX CMG JKS MSFT NTES JCP SBUX TWTR V
Most stocks are UP
@ 2.18 following are red :
ABX JCP FEYE NXPI FB GG LVS NFLX TSLA AMBA M
SLW AEM DATA VRX......
BLOG does NOT give buy or sell.
Saleem
9 comments:
Hi Saleem,
Sold HUN @ 13.38 to take profits.
Stocktrader
Hi Stocktrader,
Good moves in booking $$$$$.
Saleem
Hi Saleem,
Sold URI @ 62.80
Maybe I'm getting too excited selling here, but seems like once I make up my mind about the market in a certain way, I tend to move a lot in that direction.
Oil not responding well to pretty good inventory numbers tells me that oil may need to take a break. I'm trying to position for that somewhat.
Stocktrader
Hi Saleem,
Sold BAC @ 13.50
With an eye towards earnings, I think the financials will be a sell the rumor trade after many parts of their business experienced a difficult quarter.
Stocktrader
Hi Stocktrader,
Bought CNQ @ $26.79.
Saleem
Hi Stocktrader,
Always good to follow your strategy.
Saleem
Hi Saleem,
Good luck with CNQ again!
My portfolio now sits at only: WLH GM MET NXPI. Long exposure: 42%.
Stocktrader
Hi Stocktrader,
42% exposure @ this stage is not bad.
I remain @ max exposure but with different strategy.
Rotating between good stocks.
Saleem
Hi Saleem,
Yes, as you know I am always uncomfortable being in cash, so I'll likely be a buyer on any dip :)
Stocktrader
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