Monday, December 18, 2017

Indices UP .54% to .85%....NICE !!!!

Indices are higher and in new all time high territory, it is all about tax reform and its impact on 2018 US economy which is expected to improve GDP and economic activity further.

S&P 500 @ 2691.40, high 2694.97, low 2685.92

Internals are positive by 2 to 1 in Adv / Dec & minimum 3 to 1 in positive volume...very strong internals....

Oil down 38 cents

Gold UP $7.10

Canadian $ unchanged @ .7140

VIX Down 1.27% @ 9.30

Portfolio BIDU BZUN CTRP MOMO SHOP SQ WB

Most stocks are UP

@ 2.08 following are red :

TSLA NFLX V SBUX JKS COH MSFT EBAY VECO
FNSR CIEN WYNN ORCL MS NKE ......

BLOG does NOT give buy or sell.

Saleem



4 comments:

Stocks100 said...


Hi Stocktrader,

Sold BZUN @ $32.20

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with the next pick!

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Last week:

Portfolio: +0.27% (YTD: +38.84%)
Notable Winners: OPTN FCX SPLK
Notable Losers: ACIA SAIL GM

It was a minor gain on the week, especially compared to some of the indices, but I hope to be correctly positioned and diversified for the final two weeks and beyond.

Current Holdings (including today's moves):
TNA BAC EMN SPLK ACIA OPTN HCLP X GM GPK TRIL, cash 9.4%

(I added another tranche of TRIL @ $7 but didn't want to keep posting, 4.7% position now)

Good luck to everyone as year-end approaches!

Stocktrader

Stocks100 said...


Hi Stocktrader,

38.84% YTD...is impressive...2nd best performance for you...since inception of this BLOG..

My weekly gain was 1.48% and loss for this year stands @ 29.87%.....i am glad this year is coming to an end.....

Saleem