Monday, May 16, 2016

Indices UP 1.16% to 1.42%.....NICE !!!!

Indices are rocketing UP and @ its high of the day as oil is sharply higher.US$ is also weaker which is helping commodities & its stocks.

S&P 500 @ 2070.13, high 2070.42, low 2046.53

Internals are positive by 3 to 1 in NYSE & 2 to 1 in Nasdaq

Oil UP $1.43

Gold UP 50 cents

Canadian $ UP 44 tick @ .7104

VIX Down 4.12% @ 14.42

In my portfolio :

Sold NTES $160.25

Bought LULU @ $60.99

Added 50% CMG @ $441.00

Portfolio BIDU CNQ CMG JKS LULU JCP SBUX TWTR

Most stocks are UP

@ 2.30 following are red :

CMG LULU JCP SBUX VRX FB DNKN CHK M
LRCX YELP......

BLOG does NOT give buy or sell.

Saleem

4 comments:

stocktrader_1996 said...

Hi Saleem,

Great trade on NTES!

I saw the LULU underperform initiation this morning and didn't know what to think. I guess generally I agree with the notes, but still see them as a very strong brand, which could offset some concerns.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

MTH guided above street after hours. I knew that recent conference call was better than the price action indicated! :)

Stocktrader

Stocks100 said...


Hi Stocktrader,

MTH AH is UP .77%.......

Your analysis is very productive.

Saleem

Stocks100 said...


Sorry its UP AH 3.15%.....

Good research$$$$