Tuesday, January 16, 2018

Indices UP .06% to .49%.....NICE !!!!

Indices were sharply higher @ open but were subjected to profit taking, Nasdaq lost all its gains while Down has retained half of its earlier highs, all indices made a brand new all time high. Indices are @ low of the day.

S&P 500 @ 2788.28, high 2807.54, low 2787.72

Internals are mostly negative.

Oil Down 29 cents

Gold UP $2.50

Canadian $ UP 1 tick @ .7582...Canadian Central bank expected to raise interest rate by .25% around 10 AM tomorrow.

VIX UP 12.80% @ 11.46.....good for equities 

In my portfolio... Added 70% MARA @ $3.75

Portfolio BIDU CTRP MARA MRVL MOMO SHOP SQ WB

Most stocks are down

@ 1.51 following are green :

BIDU CTRP SHOP WB TSLA TRIL OLED MU GG AMZN
LVS V PCLN LNG GPRO CIEN WYNN GS CRUS LRCX

BLOG does NOT give buy or sell.

Saleem


2 comments:

  1. Hi Saleem,

    Added a little to GPK @ 16.29

    It was one of the smallest positions in the portfolio and recent technicals and fundamentals point to higher moves still.

    Stocktrader

    ReplyDelete

  2. Hi Stocktrader,

    Good luck with more GPK.

    Saleem

    ReplyDelete