Markets are marking time to see when & why ..it should move UP.......
Currently there is NO catalyst for UPSIDE.........
INTC is reporting tonight......IF it gives better than expected ER or guidance...then market will go UP......
So until any new catalyst.....just sit tight & position as per your plan/objectives......
Flat/down market is NOT very exciting...but that is what we have for few days......
Solar is attempting another push towards higher level......looking overbought based on RSI metrics.....but it CAN stay that way for few days.........
In my portfolio :
AAPL down $1.65
ICO UP 16 cent
RIMM down $1.18
SEED down 13 cent
TOL UP 10 cents
@ 11.17AM the following are green :
LDK,CSIQ,JASO,FMCN,POT,CCJ,SOHU,ABX,SPWR,FSLR,ISRG,
IFN,DRYS,FWLT,X......
BLOG does NOT give buy or sell.
Saleem
4 comments:
Saleem,
SEED looks like it can't even get out of its own way. Do you think this pick is still viable. Thanks.
Victor
Hi Victor,
SEED is trying to form a nice base here.
If market cooperates...we MAY see it move higher......
I am staying put until it shows MORE weakness.....
Saleem
Hi Saleem. Nice close today with increased volume. INTC up 5% AH. Shorts were expecting a miss, which they did not get. My ISRG and POT had good days.
Hi Minaccess,
POT & ISRG have been working for you.....
INTC is moving my AAPL & RIMM...which IS nice.....
Wed looking good !!!
Saleem
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