Wednesday, August 22, 2018

Indices mixed....

Indices are mixed despite 2 sentencing close to white house, traders knew this was part of expected scenario, sharp reaction in AH yesterday was because of double conviction hour apart, not part of  expectations.

S&P 500 @ 2864.27, high 2867.54, low 2856.05

Internals were positive

Oil UP $2.09

Gold UP $5.30

Canadian $ UP 33 tick @ .6999

VIX Down 6.07% @ 12.08

In my portfolio added 100% SQ @ $75.05

Portfolio AMD BZUN HUYA IQ NVDA NXPI SQ

Most stocks are UP

@ 2.21 following are red :

LRCX DQ BILI INTC CTRP JD BABA EXPE AMAT
LVS QRVO SBUX SPWR TSLA ALDR YELP MGA
FNSR ULTA KORS AAL M......

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hi Saleem,

Good luck with more SQ!

Now that I am back, I will be evaluating the portfolio again, specifically with regards to the TZA position. It was a nice comfort while I was away, but may be unnecessary now.

Stocktrader

explorer said...

Hi Saleem,

Got few 190 SEP 21 calls of BABA for mornings earnings play. I think you own this stock tooo, can you write up about the expectation in your evening blog?

Thanks,
Explorer