Indices are mixed on email impact in US politics and economic agenda . Oil is higher. Indices are near high of the day.
S&P 500 @ 2426.34, low 2412.79, high 2427.85
Internals are positive
Oil UP 66 cents
Gold UP $1.70
Canadian $ Down 27 tick @ .7085....rate hike may come tomorrow....
VIX Down .45% @ 11.06
Portfolio BIDU BBRY FB LULU MOMO OCLR SWIR TWTR WB
Most stocks are higher.
@ 2.04 following are red :
MOMO OCLR WB FNSR AMZN BAC UA LVS COH LEN
DNKN TK FEYE WYNN MS SNAP ULTA KORS NKE
KBH CMG AAL....
BLOG does NOT give buy or sell.
Saleem
Hi Saleem,
ReplyDeleteTrimmed some URI @ 113.73 to take profits.
Added to COUP @ 30.04
Stocktrader
ReplyDeleteHi Stocktrader,
Good luck more COUP.
Saleem
Hi Saleem,
ReplyDeleteI really like COUP's positioning to help companies save money in many aspects of business. It is an underpenetrated opportunity and COUP represents a pure play. I think they can continue to grow, or be an attractive takeover target.
I also still plan to trim ZYNE ahead of their multiple data releases this quarter. I bought the overweight amount only to take advantage of the pre-release run-up (which has been mostly non-existent so far unfortunately), and we may be getting a little bit of that now. It's currently a position too large to absorb the full brunt of the data from a risk perspective I think. With those proceeds, I'll add to ORCL which I still think is at an inflection point with its cloud vs legacy products, and appears the cheapest of any big cap tech while throwing off tons of cash.
I decided that despite thinking GRUB will have a fantastic quarter, it's too hard to figure out how investors will view the longer term.
Stocktrader
Hi Stocktrader,
ReplyDeleteVery good analytical take on ZYNE, COUP and ORCL....
I am familiar with ORCL, it looks very good !
Saleem