Monday, May 23, 2016

Indices UP .06% to .27%....NICE !!!!

Indices are UP despite strength in US$ and weakness in oil. Fed officials keep talking about raising interest rates on a daily basis to keep pressure on equities.All this is doing wonders for TAPE, its @ high of the day.

S&P 500 @ 2053.72, high 2055.58, low 2049.06

Internals are positive

Oil Down 38 cents

Gold Down 80 cents

Canadian $ Down 31 tick @ .6868

VIX UP 2.24% @ 15.54

In my portfolio:

Sold LULU @ $63.50

Bought ABX @ $17.85

Portfolio BIDU ABX CNQ CMG JKS JCP SBUX TWTR

Most stocks are UP

@ 2.26 following are red :

VRX CTRP LNG GOOG PCLN AMZN FB NTES 
CTSH TSLA TCK MSFT ....

BLOG does NOT give buy or sell.

Saleem

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