Monday, June 27, 2016

Indices down 1.58% to 2.36%......

Indices are lower again and has taken out 200 DMA in S&P 500, banks worldwide are under pressure and UK is being downgraded by S&P to AA from AAA.

S&P 500 @ 1999.08, low 1991.72, high 2031.45 @ open.

Internals are negative by 5 to 1

Oil Down $1.81

Gold UP $5.50

Canadian $ Down 1.05 cent @ .6894

VIX Down 8.39% @ 23.60...strange but good for equities

In my portfolio ...tripled my position in NTES @ $168.12

Portfolio CNQ CMG NTES JCP SBUX TWTR UA VRX

Most stocks are down

@ 2.08 following are green :

ABX TSLA SLW AEM......

BLOG does NOT give buy or sell.

Saleem

4 comments:

stocktrader_1996 said...

Hi Saleem,

GWPH was hovering around $100 pre-market. Now it can barely stay positive.....hard day again, but I'm optimistic. Looking for a turnaround Tuesday for sure.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Lets see IF last 20 minutes brings any buy program....

Saleem

stocktrader_1996 said...

Hi Saleem,

Sold 77% (all I could due to a purchase on Friday not seasoned yet) of my TMF @ 114.82 to take profits.

I am nervous about some kind of significantly positive news (like a Brexit re-vote?) as well as the "decay" feature of this 3x instrument even more troublesome in volatile times.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Outstanding profit in TMF......

23% left to go.....

Saleem