Wednesday, October 25, 2017

Indices down .51% to .62%......

Indices are sharply lower on overbought condition and poor earnings.

S&P 500 @ 2555.20, low 2544.00, high 2567.40

Internals are negative by 5 to 1 in NYSE & 3 to 1 in Nasdaq

Oil Down 39 cents

Gold Down 50 cents

Canadian $ Down 1.31 cent on Central bank decision to leave interest rate unchanged.

VIX UP 8.69% @ 12.13...pretty mild jump...high today 13.20

In my portfolio :

Bought OLED @ $134.50

Bought WB @ $97.50

Bought CTRP @ $48.19

Portfolio AMD AAPL CTRP OLED WB

Most stocks are down

@ 2.08 following are green :

SQ LULU AMZN V MA LEN QRVO FFIV PCLN
YELP NKE.....

BLOG does NOT give buy or sell.

Saleem


2 comments:

stocktrader_1996 said...

Hi Saleem,

Sold PETQ @ 24.85

This trade didn't work out as PETS lost all of its post-earnings gains. The reasons I sold PETQ in the first place are apparently still valid.

Bought GPK @ 15.31

With the transformational deal with IP announced yesterday, I think this has some room to the upside still.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Good luck with GPK.

Saleem