Indices are UP after some hesitation, Dow @ new all time highs along with S&P 500 & Nasdaq. All indices are @ high of the day. Oil keeps making new 3 year high.
S&P 500 @ 2758.90, high 2759.14, low 2747.86
Internals are positive
Oil UP $1.36
Gold Down $7.10
Canadian $ Down 34 tick @ .7547
VIX UP .84% @ 9.60
Portfolio BIDU CTRP MARA MRVL MOMO SHOP SQ WB
Most stocks are UP.
@ 2.11 following are red :
MARA MOMO SHOP ROKU BZUN AMD NTES SPWR
MU TWTR FCX UA KGC CSIQ VECO TWLO FNSR
TK FEYE LNG GPRO TEUM DPW LFIN OSTK
KORS NKE X LRCX....
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Sold the rest of my TNA @ 74.17
I just feel I don't need the leveraged upside exposure anymore as the market has gained so much in such a short time.
My stock exposure is currently 75.1%.
I may consider something like the SQQQ as a hedge on the portfolio as I feel these stocks may be some of the most vulnerable to a pullback.
Stocktrader
Hi Stocktrader,
Good move in booking profit in all TNA......
You are good in hedging and knows what works in different environment.
Good luck with your next move.
Saleem
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