Markets are reacting to improving economic news...by fighting its way to green after initial hesitation......
AAPL,QCOM ER is having positive effect in investors/traders psyche......
POT/BG good ER & guidance was treated with sell on the news action.....
In my portfolio :
FMCN UP $1.28
EGO down 32 cents
ICO UP 4 cents....listened to their CC @ 11AM...it was a picture of improving results going forward..starting Q2.......
JNPR UP 21 cents ..reports AH expectations are EPS 25 cents Sales $815.16 million..expecting a beat.......
PMCS UP 16 cents
SNDK down 26 cents
SEED UP 15 cents after finding solid support....
TSO UP 12 cents
TOL UP 54 cents
@11.54 AM the following are green :
V,RIMM,AAPL,QLD,C,ICE,CTRN,WYN,SOHU,NYX,ISRG,
XLF,GOOG,GS,DUG,MA.
BLOG does NOT give buy or sell.
Saleem
6 comments:
Saleem,
I hope we break S&P 1400 at the close today. That sure would be nice. Talk soon.
By the way Saleem, I am seeking a tech stock and I like ICO. I was wondering if you have any suggestions for a tech play and let me know what you think of ICO at current price for an entry? I went in on NUVA with IH with a small position too. THanks for your thoughts. Best wishes.
Hi Saleem,
Like you just mentioned, POT and BG earnings despite being good signals perhaps a topping in ag for now. I will reposition my portfolio starting tomorrow. I got caught with MOO and POT. Taking profit should remain the best course of action.
Good luck to all
Hi Doug,
Nice to see your note.
I like "optimistic Doug"
JNPR is reporting tonight..expecting a beat...it looks good for longterm approach.
Techs are the-sector to be in...
QCOM looking good also.....
YHOO maybe good..because the fight for control of YHOO starts monday..
I say buy all 3.....
ICO also is a great Cola/met play...
So buy all 4 in small Qty.....
I firmly believe that spreading risk IS a smart way to go.....
Good luck on your decision ....
Saleem
Hi Ghoad,
AG will continue to work...
So keep it as part of a broadbased portfolio.....
Saleem
SALEEM
My GS is up nicely
AGU and is down a lot
Have a good day
M
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