Despite poor economic data in US, indices have managed to shrug it off and are higher.
S&P 500 @ 2182.37, high 2184.71, low 2175.10
Internals are positive
Oil UP 9 cents
Gold UP $27.60
Canadian $ UP 87 tick @ .7162
VIX UP 2.67% @ 12.30
Portfolio AKS GOOG CNQ CMG GG JCP VRX
Most stocks are UP
@ 2.20 following are red :
JCP KORS COH CTRP PANW LULU AAPL
NXPI SBUX QRVO LEN MSFT DNKN
M LRCX CRUS MS ZG WYNN GS
AGU MLNX.....
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
I looked strongly at AMBA over the weekend but I fear I missed the move generally. The buyout today by INTC has some similarities to AMBA so I almost decided to buy this morning. I hesitated and maybe missed my last good chance.
I am struggling to find companies I like other than ones I already own. Even with today's TRIL add, I'm still over 10% cash and am uncomfortable with that much given my thoughts on a year end rally. I continue to search for buy points on companies with good forward prospects that aren't too overvalued yet. If QRVO dips enough, that might be the play into AAPL's "next year" cycle.
Portfolio: TRIL SWN SPLK WLH FDX DKS X AKS GWPH MACK CNAT CIE, cash 10.7%
Stocktrader
Hi Stocktrader,
I fully understand your situation, funds needs to be deployed, but too many ideas going through your head.
I think you need to take a leap of faith or a leap of fundamentals based on your time horizon.
Good luck with your selection!
Saleem
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