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
at

4 comments:

  1. stocktrader_1996May 16, 2016 at 1:16 PM

    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

    ReplyDelete
  2. stocktrader_1996May 16, 2016 at 2:47 PM

    Hi Saleem,

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

    Stocktrader

    ReplyDelete
  3. Stocks100May 16, 2016 at 5:27 PM


    Hi Stocktrader,

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

    Your analysis is very productive.

    Saleem

    ReplyDelete
  4. Stocks100May 16, 2016 at 5:30 PM


    Sorry its UP AH 3.15%.....

    Good research$$$$

    ReplyDelete