Tuesday, October 18, 2016

Indices UP .47% to 1.09%....NICE !!!!

Indices are higher & @ high of the day, on good earning report from GS & NFLX. Oil is also stable and slightly higher.

S&P 500 @ 2142.24, high 2144.38, low 2135.49

Internals are positive by 4 to 1 in NYSE & 2 to 1 in Nasdaq

Oil UP 20 cents

Gold UP $6.20

Canadian $ UP 5 tick @ .6882

VIX Down 5.86% @ 15.26

Portfolio AMD AMZN AAPL CNQ CMG TCK TWLO VRX

Most stocks are UP

@ 2.26 following are red :

CMG CRM GWPH ZYNE V DNKN YUM YELP AMCC
AKS MCD MGA WYNN.....

BLOG does NOT give buy or sell.

Saleem

5 comments:

stocktrader_1996 said...

Hi Saleem,

Sold DKS @ 55.90

Bought LYB @ 80.50

I actually wanted to sell YUM instead because I believe I got that direction incorrect. I couldn't sell until tomorrow, so I sold DKS instead. I will probably swap those tomorrow.

I spelled out the reasons for the LYB purchase earlier today :)

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with LYB.

Saleem

stocktrader_1996 said...

Hi Saleem,

I don't know if you've ever looked at TRIL, but it is a Canadian company. It is listed in Toronto also with the ticker TR. Just thought maybe that info would interest you :)

Stocktrader

Stocks100 said...


Hi Stocktrader,

I was aware of Trillium Canadian roots....

When you started to purchase around $12.95 area, i called my broker to ask about margin on TRIL...they said 0 margin allowed.....thus no interest in TRIL / ZYNE as no margin given.

Even VRX...they only give 50% vs 70% for frontline stocks....

Saleem

stocktrader_1996 said...

Hi Saleem,

Ah, I forgot that you need margin to make the portfolio work!

Your comments made me go look up my purchase prices:

I got 40% of my current position at 10.77 on that first buy day 8/15.
I got the other 60% at 12.98 avg from 8/31-9/06.

That puts me at 12.10 avg for the whole position--not bad...

Stocktrader