Indices are @ low of the day on lower oil. Earlier Nasdaq made new intraday all time high.
S&P 500 @ 2172.56, low 2172.09, high 2183.41
Internals are negative by up to 2 to 1
Oil Down 84 cents
Gold UP $6.80
Canadian $ UP 65 tick @ .6950
VIX UP 6.86% @ 12.46
In my portfolio...added 50% CNQ @ $31.44
Portfolio GOOG CNQ CMG GG NTES JCP UA VRX
Most stocks are down
@ 2.38 following are green :
GOOG GG NTES EGO ABX SU TWTR SBUX YHOO
EXPE SSYS WB BABA YELP CIEN M MCD TCK
AEM SWIR.....
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Trimmed some QRVO @ 54.18 to buy AKS @ 5.31
After pulling back right into the 50 DMA, I think the risk/reward is more favorable now than any time recently, especially after the great quarter.
QRVO seems stuck for now as next quarter's trimmed margin guidance has institutions on the sidelines ahead of that quarter even as AAPL's rally has been ferocious. Given my exposure in semis with CY also, it seemed the best idea to reduce some QRVO. It is still my 2nd largest position.
Portfolio: SPLK QRVO BAC SWN FDX DKS GM WLH ELY X CY AKS MACK
Stocktrader
Hi Stocktrader,
Good luck with AKS.
Saleem
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