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




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2 comments:

  1. stocktrader_1996March 27, 2017 at 4:21 PM

    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

    ReplyDelete
  2. Stocks100March 27, 2017 at 5:26 PM


    Hi Stocktrader,

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

    Saleem

    ReplyDelete