Markets closed green after struggling whole day.....
Jobs data will be neutral...and markets will start worrying about the next-thing !!!!
RIMM reported AH...as expected it reported better EPS & Sales.....and also lifted Q3 guidance higher than consensus......All this was expected by me and the markets....so it is neutral report @ best and could exert downward pressure.... as RIMM is overbought...RSI @ 71.19.....and we MAY have @ double TOP on the charts......based on today's closing price.....
I bought VMW @ $88.89.......too much buying in this stock.....so had to get back in this "virtualization juggernaut".......It has a nice orderly ascent and RSI is @low end since IPO...only 74.37.......
So my portfolio is :
CMED,CDS,FMCN,NOK,NVDA,SNDK,VMW & WFR.......getting too diversified.....may TRIM as I go along......
CMED was down 52 Cents on average volume....looks like selling is all done & overwith....we also tested support TWICE and held... closing @ $39.35...some of the pundits were saying that we will NOT hold $38.88 ?????...looking for a very green day on friday $$$
CDS was down 39 Cents for me...this is a speculative buy for me.......
FMCN down 10 cents...marking time & building base for next major RUNUP $$$$
NOK UP 15 Cents for me...ready to RUNUP now.......digesting NVT takeover.....
NVDA UP 30 Cents for me....was down few days in arow.......expecting green friday....
SNDK down 17 Cents......still catching cold from MU ER.....
VMW UP 68 Cents for me......on below average volume...
WFR UP $2.23....highest close since end of july....ascending triple top breakout as per www.stockchart.com with a target of $78.....
CHNR continued its RUNUP...while other junior Chinese stocks were down.........
AOB was UP 58 cents getting close to 52 wk high.....
FSLR is kissing all time high AGAIN $$$$$
Good luck for Friday & stay diversified.
BLOG does not give buy or sell.
Saleem
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