Oil is sharply lower on prediction of glut till 2017, US$ sharply higher which is hammering currencies and commodities. Indices are @ low of the day.
S&P 500 @ 2123.62, low 2120.27, high 2150.47
Internals are negative by negative by 9 to 1 in NYSE & 6 to 1 in Nasdaq
Oil Down $1.28
Gold Down $ 2.60
Canadian $ Down 1.52 cent @ .6815
VIX UP 23.48% @ 18.72
Portfolio GOOG CNQ CMG GG LULU JCP VRX
Most stocks are down
@ 2.36 following are green :
AAPL NTES QRVO ISIL......
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hi Stocktrader,
Sold JCP @ $9.52
Tripled my position in LULU @ $65.86
Saleem
Hi Saleem,
Good luck with the swap. The market is treacherous right now--I'm just trying to keep my head on straight! :)
In theory, this should be the time to rotate into the stronger stocks. Good stocks only go on sale when the whole market falls...
Stocktrader
Hi Stocktrader,
YES...market remains challenging, but, we can improve the quality of portfolio, to deal with fed & other issues.
That is exactly what i did, swap in similar sector with better growth prospect.
Saleem
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