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
3 comments:
Hi Saleem,
Good luck with BZUN proceeds.
Stocktrader
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
Hi Stocktrader,
YES...timing is more than perfect to deploy retirement contribution.
Small cap is a very good idea.
Good luck!
Saleem
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