Tuesday, December 18, 2018

Indices UP .32% to .69%....NICE !!!!

Indices are staging an extremely weak rebound from deeply oversold conditions. Indices are near low of the day.

 S&P 500 @ 2555.60, high 2573.99, low 2551.23

 Internals are mixed with Nasdaq decliners in the lead.

 Oil Down $2.86

 Gold UP $1.30

 Canadian $ Down 73 tick @ ..6524

 VIX UP 2.37% @ 25.10

 In my portfolio Sold BZUN @ $32.30

 Portfolio MOMO NVDA SQ

 Most stocks are UP

 @ 2.06 PM following are red :

 BZUN NIU ROKU BIDU CGC PRNB BABA TSLA
ALDR CHK TK RIG WYNN OSTK MCD ULTA
CNX.....

 BLOG does NOT give buy or sell.

 Saleem
at

3 comments:

  1. stocktrader_1996December 18, 2018 at 11:33 AM

    Hi Saleem,

    Good luck with BZUN proceeds.

    Stocktrader

    ReplyDelete
  2. stocktrader_1996December 18, 2018 at 12:14 PM

    Hi Saleem,

    An interesting note: I had my wife's 401k in cash all year. She had recently switched jobs and so it wasn't that much and I didn't worry too much about it. Today, after a year+ of contributions, I finally put it to work in a small cap growth fund (yes, can only do certain funds). Can't beat a better entry than the 52-wk low for the index :)

    Stocktrader

    ReplyDelete
  3. Stocks100December 18, 2018 at 12:56 PM


    Hi Stocktrader,

    YES...timing is more than perfect to deploy retirement contribution.

    Small cap is a very good idea.

    Good luck!

    Saleem

    ReplyDelete