Thursday, June 29, 2017

Indices down .96% to 2.09%.....

Indices are sharply lower and trading @ low of the day on renewed selling, this despite news of 1.4% GDP growth vs 1.2% expected....

 S&P 500 @ 2413.02, low 2405.70, high 2442.73

 Internals are negative by 3 to 1

 Oil UP 11 cents

 Gold Down $2.79

 Canadian $ UP 21 tick @ .6984

 VIX UP 36.99% @ 13.74

 Portfolio BIDU BBRY FB LULU MOMO OCLR SWIR TWTR WB

 Most stocks are down

 @ 2.12 following are green :

 LULU BAC FCX DNKN CHK RIG LNG GS MS MGA SNAP
CMG CNX......

 BLOG does NOT give buy or sell.

 Saleem
at

4 comments:

  1. stocktrader_1996June 29, 2017 at 11:47 AM

    Hi Saleem,

    I'll probably just let the portfolio ride into tomorrow:

    RCL ZYNE MU URI FB ORCL SWKS BABA SWN COUP AAOI MJCO, cash 0.0%

    Stocktrader

    ReplyDelete
  2. Stocks100June 29, 2017 at 11:53 AM


    Hi Stocktrader,

    Good luck!

    Saleem

    ReplyDelete
  3. stocktrader_1996June 29, 2017 at 1:00 PM

    Hi Saleem,

    I did trim 25% of MU @ 31.47 right before close. I had enough semi exposure with the addition of SWKS today.

    Stocktrader

    ReplyDelete
  4. Stocks100June 29, 2017 at 1:58 PM


    Hi Stocktrader,

    Good move in trimming MU..it is currently trading...where you trimmed.

    Saleem

    ReplyDelete