Indices are higher and confirming this new UP move.Indices are @ high of the day which is a good sign technically speaking.
S&P 500 @ 2730.36, high 2731.84, low 2705.60
Internals are positive by 2 to 1 and UP volume running almost 3 to 1 in Nasdaq
Oil Down 46 cents
Gold Down $10.60
Canadian $ Down 53 tick @ .6842
VIX Down 9.46% @ 21.14
Portfolio AAPL KORS SQ
Most stocks are UP
@ 2.11 PM Following are red :
AEM GG ESTC CRUS SPWR MCD ABX
KBH IBM M ......
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hi Explorer,
I like DAL calls here as oil falls and consumer confidence/spending remains high.
Stocktrader
Hi Stocktrader,
Thank you for the tip on DAL. I’ll check it out. I have been out of market for almost 2 weeks when I sold my holdings due to uncertainty in the market. Today it’s showing some sign of bottom but better jobs report tomorrow would bring the rates hike on to the cards & put pressure on the indices. Thinking to wait until Monday & act accordingly. Kudos for your earnings winners CHGG, vRNS, BEAT etc
Hi Saleem,
I see you are slowly increasing your exposure KORS, APPL. KORS is definitely a good choice getting into earnings next week. AAPL have to see if there is a impact with recent trade issues. Their guidance is key. Good luck
Explorer
Hi Saleem,
I forgot about SQ, great choice there.
Market has ignored the negative Chinese data last night which is a positive note.
Explorer
Hi Explorer,
Thanks for your views on AAPL, KORS & SQ.....
When market wants to go up, it ignores all the bad news.....
Good luck to you also.
Saleem
Post a Comment