Monday, June 20, 2016

Indices UP 1.06% to 1.38%....NICE !!!!

Indices are higher on Brexit non-happening, oil is up which is giving further optimism.

S&P 500 @ 2091.40, high 2100.66, low 2075.58

Internals are positive by 4 to 1

Oil UP $1.12

Gold Down $3.60

Canadian $ UP 81 tick @ .7189

VIX Down 9.53% @ 17.56

In my portfolio ..Added 30% CNQ @ $29.95

Portfolio CNQ CMG NTES JCP SBUX TWTR UA VRX

Most stocks are UP

2.27 following are red :

 TZA ABX GG KGC LVS DNKN TK WYNN

BLOG does NOT give buy or sell

Saleem

4 comments:

stocktrader_1996 said...

Hi Saleem,

Bought a starter position in IBP @ 34.61

Great growth profile, GARP valuation, and in an industry I like. I hope to get more familiar with it in coming weeks.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with IBP...chart looking healthy.

Saleem

stocktrader_1996 said...

Hi Saleem,

Sold AVAV @ 30.91

Took some profits ahead of the FAA decision on drones. Initial rumors I think point to a scenario that isn't perfect for AVAV, although I admit I'm not an expert on the company yet.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with proceeds from AVAV....

Saleem