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


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2 comments:

  1. stocktrader_1996October 25, 2017 at 12:57 PM

    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

    ReplyDelete
  2. Stocks100October 25, 2017 at 5:12 PM

    Hi Stocktrader,

    Good luck with GPK.

    Saleem

    ReplyDelete