Tuesday, May 30, 2017

Indices down .08% to .20%......

Indices are down on lower oil, Indices are off their lows and near high of the day.

S&P 500 @ 2413.84, low 2409.43, high 2415.26

Internals are negative with declining stocks leading 
by 2 to 1

Oil Down 13 cents

Gold Down $6.10

Canadian $ UP 4 tick @ .6552

VIX UP 4.38% @ 10.24

In my portfolio....

Sold CNQ @ $28.97

Bought MOMO @ $37.20

Portfolio BABA FB MOMO OCLR SWIR OLED WB

Most stocks are down

@ 2.20 following are green :

FB SWIR TSLA TWTR AMD GOOG AMZN NVDA
MU LVS KGC CSIQ FSLR SPWR X LRCX.....

BLOG does NOT give buy or sell.

Saleem 

2 comments:

stocktrader_1996 said...

Hi Saleem,

Last week's recap:

Portfolio: +1.91% (YTD: +15.57%)
Winners: ACIA MU Z ZYNE RCL PLNT
Losers: SPLK CHK

Portfolio: TNA SPLK BABA RCL ACIA MU ZYNE PLNT KBH GRUB Z CHK MJCO, cash 0.4%

TNA and SPLK are overweights but I'll be trimming back at some point as they both seem tired here and are not deserving of the overweight allocation. It's overall much harder now to find good values or good ideas that haven't run yet--I may end up with more cash as the month progresses.

Stocktrader

Stocks100 said...


Hi Stocktrader,

15.57% YTD is a very good number.

I am trying to crawl back from my 2 disastrous trades, last week was +1.37%......

Good luck on your weighting reallocation.

Saleem