Indices are down on lower oil & stronger US$, ADP data was stronger than expected.
S&P 500 @ 2167.57, low 2161.35, high 2173.79
Internals are negative by 2 to 1
Oil Down $1.41
Gold Down $5.30
Canadian $ Down 24 tick @ .6879
VIX UP 5.41% @ 13.83
Portfolio AKS GOOG CNQ CMG GG JCP VRX
Most stocks are down
@ 2.12 following are green :
AKS NTES FB TWTR AAPL NFLX YHOO SINA
EBAY WB BABA MCD CRUS CSOD MGA
AGU YELP....
BLOG does NOT give buy or sell.
Saleem
Hi Saleem,
ReplyDeleteHmm...I might be getting a little too crazy, but added more TRIL @ 13.09.
With the closure of the CAR-T division at Novartis signaling major problems with those kind of potential drugs, I think the big biotech money will look for the next checkpoint to target. TRIL's CD47 target has already gotten interest in recent months, and I think that may accelerate now. I am very excited about the prospects into year end.
Portfolio: SWN QRVO WLH SPLK FDX TRIL DKS X AKS GWPH MACK CNAT CIE, cash ~5%
I worry that QRVO has lagged peers so much and that AAPL's new phone won't be the big seller this year. I may trim soon unless it starts outperforming.
I think many things line up well for WLH including its spectacular geographic presence (lots of Washington/Oregon which are the hottest in the country currently), but I am in a constant state of nervousness about housing (like most I think). The chart looks promising though, and maybe this nervous sentiment could actually provide a tailwind into year's end.
Stocktrader
ReplyDeleteHi Stocktrader,
Good luck with way more TRIL.
I see your #1 is SWN...
You are a very good Fundamental Analyzer.....
I am more of a momentum trader with less focus on FA & more TA.
Saleem