Tuesday, January 9, 2018

Indices UP .27% to .60%....NICE !!!!

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:

stocktrader_1996 said...

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

Stocks100 said...


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