Monday, March 27, 2017

Indices mixed.....

Indices are recovering nicely, after Dow & S&P 500 dipping below 50 DMA on spirited buying by institutions & traders, who were waiting for a serious dip below key technical levels. Nasdaq remained above 50 DMA by 10 points.

S&P 500 @ 2338.26, low 2322.25, high 2343.79, 50 DMA @ 2331.92

Internals are mixed as Nasdaq internals are positive.

Oil Down 35 cents

Gold UP $6.90

Canadian $ Down 2 tick @ .6621

VIX UP 2.08% @ 1323, high today 15.11, low 12.80

Portfolio AMD BIDU CNQ MU TECK

Most stocks are UP

@ 2.03 following are red :

CNQ OCLR SWIR BABA AKS BAC CHK CMG FCX
TWTR SINA DNKN SU TK RIG FSLR GS MS NKE
KBH X M CNX......

BLOG does NOT give buy or sell.

Saleem




2 comments:

stocktrader_1996 said...

Hi Saleem,

Just a quick hit on last week:

Portfolio -1.99%, YTD +6.25%

Losers: AKS Z GM HBAN

Winners: ZYNE BABA OCLR

Portfolio: SPLK HBAN HUN BABA RCL URI DAL TNA GM Z CHK ZYNE AKS MJCO, exposure 100.0%

Stocktrader

Stocks100 said...


Hi Stocktrader,

Thanks for updating your YTD status...which is very good compared to most traders.

Saleem