Wednesday, February 22, 2017

Indices mixed.....

Indices are mixed on Fed minutes which is ready to hike interest rates, US$ is higher and oil lower. Dow made a new all time high.

S&P 500 @ 2362.92, low 2358.34, high 2365.13

Internals are negative.

Oil Down 82 cents

Gold Down 40 cents

Canadian $ Down 23 tick @ .6868

VIX UP 1.04% @ 11.69

Portfolio AMD BIDU CNQ CY FCX  OCLR TECK

Most stocks are lower

@ 2.31 following are green :

AMD BIDU NTES GOOG SWKS VRX C AMZN
FB GOOG NFLX SINA EXPE PCLN CTRP
CSOD CRUS NKE LRCX.....

BLOG does NOT give buy or sell.

Saleem


7 comments:

stocktrader_1996 said...

Hi Saleem,

As promised, here's the repost:

Bought TECK @ 21.35

Portfolio: HBAN SPLK BABA Z DAL SWKS URI GM DFRG HUN CHK TECK MJCO, cash 16.6%

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with TECK.

Saleem

Stocks100 said...


Hi Stocktrader,

Sold FCX @ $13.77

Added 50% OCLR @ $9.77

Saleem

stocktrader_1996 said...

Hi Saleem,

Whoa, I didn't even see OCLR down so much suddenly. I wonder what's up?

FCX is being tossed around by the Grasberg contract dispute.

Stocktrader

Stocks100 said...


Hi Stocktrader,

No news that i can find on OCLR...triple volume on this selling???

Saleem

stocktrader_1996 said...

Hi Saleem,

Apparently the downdraft was due to some comments on an MKM analyst call in the afternoon. I don't have details, but that's what I found.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Thanks for some info on OCLR selling.

Saleem