Monday, September 19, 2016

Indices mixed......

Indices were strong @ open and then faded to all red, now mixed, all on Fed jitters.

S&P 500 @ 2142.67, high 2153.61, low 2135.91

Internals are positive by 2 to 1

Oil UP 35 cents

Gold UP $7.00

Canadian $ UP 18 tick @ .6811

VIX UP .46% @ 15.44

Portfolio GOOG CNQ CMG GG LULU VRX

Most stocks are UP

@ 2.30 following are red :

GOOG CMG LULU AMZN TWTR AAPL OLED
NXPI LVS SBUX EXPE PCLN CHK FEYE 
BABA YELP JKS MU LRCX DATA 
WYNN TRIP....

PS...there is no closing BLOG today, as i am busy 
with visitors, will be back with PM and closing BLOG on Tuesday.

BLOG does NOT give buy or sell.

Saleem



7 comments:

joseph said...


Hi Saleem,

Stocktrader has picked up some good winners in pharmaceutical companies. I have MACK and TRIL in my portfolio. I am losing in MACK and AKS but TRIL has given me some profit already and continue to hold it for some more time.
Thanks for sharing your trades. I have benefited a lot from the blog. I traded CMG and VRX several times. It may be true that I may not hit home runs, but I do get singles to make my money. Little drops of water make the ocean.
I am and will always be grateful to both of you. Keep up the good work.


Thank you so much

Joseph

stocktrader_1996 said...

Hi guys,

A company developing treatments for NASH and other liver diseases just got bought for a massive premium (TBRA). CNAT rallying in sympathy...appropriately so. Could be another interesting day for biotechs :)

Stocktrader

joseph said...


Hi stocktrader,

Another bumper crop in CNAT. I am happy for you. Enjoy the ride. Good Luck.

Joseph

joseph said...


Hi Stocktrader,
I am tempted to take profit in TRIL. But I will wait for some more time. Thanks for the pick. Good Luxk.

Joseph

stocktrader_1996 said...

Hi joseph,

Congrats on the big gain so far! My fair valuation for TRIL is very much higher, so I don't have plans to sell.

Stocktrader

joseph said...


Hi Stocktrader,

This time I will hold it for some more time. Thank you so much.

Joseph

Stocks100 said...


Hi Joseph,

Thanks for your comment regarding some of the trading ideas, your system works, mine is UP then Down then back UP...takes lot of patience & conviction.....

Good luck with your making a river.....

Saleem