Markets are on a ROLL...thank you GOOG.......
We are watching a melt UP in markets because of :
Excellent earnings.....
Short covering.....
Money on the sideline coming IN......
All cash rich money managers deploying their high cash position in stocks......
NASDAQ is UP 2.4% almost 50% higher than any other index ????
NASDAQ IS where the money will flow.....imho
In my portfolio :
In pre-market I plunked all the cash in QLD while I decide how to assess this market......
Sold QLD with 80 cents per share gain.......
Bought BRCM cost 22.94
Bought JNPR cost $24.50
Bought SNDK cost $26.56
Bought EGO cost $7.35
Bought V cost $69.78
So Now my portfolio is :
BRCM,EGO,ICO,JNPR,SNDK,SEED,TSO,TOL,V........
Can you say over-diversified.....when you like everything...then you buy everything....with the funds you have........
I will be trading quite frequently to take advantage of many sectors...which IS working.....still keeping duds like SEED for NOW.....it can sit & rot in my portfolio.......
@11.52 AM strong stocks are:
AAPL,TSL,C,VMW,POT,ICE,JRCC,WYNN,MA,BIDU,LVS,SOHU,
NYX,NMX,SPWR,FSLR,AMZN,IFN,DRYS,GOOG,FWLT,SOL,
JASO,LULU,STP,SNDA,GRMN,WFR,SINA,X,FFIV,CIEN.
BLOG does NOT give buy or sell.
Saleem
6 comments:
Hi Saleem,
I would appreciate your expectations of SEED. It seems to be done?
I have been holding it for about a week now, av 5.95. Absolutely no action whatsoever.
--clarke
Hi Clarke,
SEED tape is "pathetic".....
It is one of 10 stocks ...I currently have in my portfolio....
I am letting it sit in my portfolio...
My cost is $6.11 with commission...
It is a small float...whenever there is any volume ..it should move.....
Sometimes Chinese stocks sit there & do nothing...SEED fits that definition even today......
Do whatever makes you comfortable...do not keep anything unless you ARE comfortable & want to .....
SEED as of this moment does NOT deserve funds being tied ..when markets are UP 5 days in a row...and SEED has lost money....
Good luck with your decision.
Saleem
Hi Saleem. I took a punch to the gut this am with ISRG. Stopped out at $309 for a 5% total loss (could have been worse). However, my POT (up over $10 and new high) and TITN (up 12% and new high) more than made up for ISRG. Like we have been talking about the past few weeks, this rally is for real. You still need discipline and cut losses to prevent catastrophe.
Hi Minaccess,
Great market ,great rally.....
POT is a dream stock for you....
We are off to the races.....
Your disciplined approach with STOP works for you very well.
Looking forward to next week !!!
Saleem
Hi Saleem,
Sold CSIQ & SEED today. I think there's better places to put money to work. Looking to buy ARD & GNA on Monday. Holding SNDA, AAPL, MA, V and RIO. Have a good weekend.
Victor
Hi Victor,
I do understand your frustration with SEED.....
It is especially ironic that I was deciding between AGU & SEED and went with SEED.....AGU has gone UP $23 or +34% in that same time frame and SEED has lost 37 cents or <6%>.......
CSIQ hs regained most of its previous loss..but is still lagging other solar like JASO....
I like your portfolio.....not familiar with stocks you are looking @.
Saleem
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