Markets are digesting huge gains from yesterday.......
S&P 500 is trying to stay in green..
Economic data were market friendly......
Inflation was tame.....
Retail sales were perking along......
Tape of market is very stable...I expect market to work through yesterday's huge rally and will move much higher than yesterday's close...by next week......
Any weakness is a great entry point for strong stocks....Two weeks from now...we will be much higher on all indices......
In my portfolio :
FMCN is down 5 cents.....
SINA is down 11 cents...reports tonight...expect a beat and higher than consensus guidance...
CMED UP 84 cents...wants to go higher ..after having built a firm base.....reports next tuesday the 20th AH....expect a beat and higher guidance for the year.....
RIMM UP $1.91......wants to go higher..if market turns green in Nasdaq.....
AAPL UP $3.21...will be much higher if we go in green today.....
@11.34 the following are green :
CSIQ ( GOOD ER),CDS(good ER),RVBD(stable after making a bottom),
VMW,JASO,SNDA,TSL,STP,ISRG,AMAT,ICE,BIDU,NMX,FSLR,WFR,
IIJI (new high),XING.
Please...always do your own due diligence & find your own comfort level with your strategy.
Good luck on rest of the day.
BLOG does not give buy or sell.
ps...the previous cancel all sell order was for a friend Doug.....
Saleem
4 comments:
Saleem, I did not want to post this on the CMED board because I didnt want to lead anyone to any type of action...but I wanted to share with you that IH stopped out CMED today. They wanted to see $42.50 stick I think but here is the IH alert to stop loss on CMED:
IH Alert - CMED $41.81 Volume:188K Pct Avg Vol:25% ( Play: Stop Advisory=41.88 on buys at 44.53 )
If you wish to review or announce/warn CMED board, I will leave that to you as you would know better if it should even be posted or not. Best wishes. Doug.
Doug
What does that mean for us. CMED is in my portfolio too. Sorry for being a noob.
I do not want to be an alarmist Jack. I would rather let Saleem comment, if he even wishes too. I would wait to see what Saleem does and mirror that action. If he keeps it in his portfolio, I would too.
Saleem, sorry if I caused any problems putting IH stuff here. I certainly did not mean to be alarmist...I know that IH is almost all TA and you do FA as well and take other things in to consideration like ER next week...I actually thought, when I first posted here, that it was just something that you could read. I didnt know that it would be public. Sorry again for any weirdness. Doug.
Post a Comment