Thursday, September 29, 2016

Indices down .96% to 1.14%......

Indices are sharply lower on banking concern, oil is higher, which is being ignored.

S&P 500 @ 2149.50, low 2145.20, high 2172.67

Internals are negative by minimum 3 to 1

Oil UP 61 cents

Gold UP $3.00

Canadian $ Down 85 tick @ .6837

VIX UP 17.92% @ 14.61

In my portfolio...added 35% LULU @ $61.80

Portfolio GOOG CNQ CMG LULU VRX

Most stocks are down

@ 2.19 following are green :

CNQ CMG TWTR NXPI JKS COH CSIQ EXPE
SU PCLN EBAY RIG FSLR PANW LRCX
MLNX.....

BLOG does NOT give buy or sell.

Saleem

3 comments:

stocktrader_1996 said...

Hi Saleem,

Sold my small position in TNA @ 78.07

Sold the rest of my AAPL @ 112.19

I wanted some cash in case an opportunity arises with the turmoil we are seeing.

ZYNE looks ever more attractive with large call buying in GWPH today.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Updated Portfolio (by approximate weight grouping): TRIL, URI AMZN WLH QRVO SPLK, DKS SWN, ZYNE CNAT, cash 9.7%

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good strategy to have cash ready IF you can grab something @ attractive prices.

Good luck with next buy or add on.

GWPH looks very interesting, it has intraday moves of $5 daily.

Saleem