Tuesday, January 10, 2017

Indices UP .15% to .49%....NICE !!!!

Indices are higher despite lower oil. Most sectors except gold stocks are participating in this rally, although gold is higher.

S&P 500 @ 2274.28, high 2279.27, low 2265.27

Internals are positive by 2 to 1

Oil Down 74 cents

Gold UP $1.20

Canadian $ Down 6 tick @ .6780

VIX UP .52% @ 11.62

In my portfolio Added 100% OCLR @ $8.56

Portfolio AMD BIDU BAC CNQ FCX GG PI OCLR TECK

Most stocks are UP

@ 1.48 Following are red :

AMD CNQ GG CIEN NVDA AMZN GOOG ABX
FB V SBUX NFLX TSLA SU EBAY TK RIG 
LNG GS DATA ORCL MCD SLW M
LRCX......

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Ugh...ACIA has been such a bummer on a great day.

Sold 40% ACIA @ 56.92

The chart is horrible with $60 now representing serious resistance in what was formerly multiple times supported. At least the earnings are more de-risked now.

Added to BABA @ 96.61

This rounds out the position I was hoping to have.

Portfolio: TECK HBAN NEFF LYB CHK SPLK BABA DFRG MU, ZYNE QRVO ACIA MJCO, cash 0.0%

Stocktrader

Stocks100 said...


Hi Stocktrader,

Sometimes it happens, but you are well positioned for this market.

Good luck with full-throttle BABA.

Saleem