Wednesday, May 20, 2009

Nasdaq stronger..... UP .73%

Markets are staying green with Nasdaq leading other indices....

BAC share sale became a catalyst for the market..."shoring up capital is good for confidence"

GOLD UP $11.70

OIL UP $1.70

Canadian $ is @ new high against US$ UP 1.10 cent.....

VIX @ 28.11.....another low.....

In my portfolio :

Added 50% more PALM on a downgrade....

Portfolio is EGLE,MPEL,PMCS,PALM,TLM.....

I am fully invested in my trading account....

MPEL reported in-line EPS but sales missed estimates...City Of Dreams opening in two weeks..which should help with Sales.....

@ 12.21 following are among strong stocks :

TLM,GNK,EGLE,RCI,CCJ,RIMM,AGU,POT,TSL,
GOOG,BIDU,AMZN,MA,X.....

BLOG does NOT give buy or sell.

Saleem
at

8 comments:

  1. standardshighMay 20, 2009 at 10:17 AM

    Hi Saleem,

    BDI +21 2665 nice!

    Best Regards

    ReplyDelete
  2. Stocks100May 20, 2009 at 10:25 AM

    Hi Standards,

    Your GNK is behaving way better than my EGLE.....

    BDI will keep going UP with economic improvement worldwide !!!

    Saleem

    ReplyDelete
  3. cMay 20, 2009 at 11:00 AM

    HEY

    I like my DSX

    Any body care about mine?

    Good Luck
    we all should see some appreication

    ReplyDelete
  4. Stocks100May 20, 2009 at 11:11 AM

    Hi Madmax,

    Your DSX & My EGLE are acting like deadbeat in that sector @ least for NOW !!!

    Saleem

    ReplyDelete
  5. standardshighMay 20, 2009 at 12:54 PM

    Hi All,

    As far as capacity goes.....

    Biggest is DRYS
    2nd is GNK
    3rd is DSX

    DRYS got skunked, but will return some day, but for now who stands to gain? GNK, moving up with no dividend is a good sign. IMHO.

    Best Regards

    ReplyDelete
  6. madmaxMay 20, 2009 at 3:32 PM

    STANDARDS

    Hello gas in DC is now over $2.25

    DSX is the strongest in cash and seems to be poised to make hay while the sun shines

    Interesting that we all have a chosen Shipper

    ReplyDelete
  7. AnonymousMay 20, 2009 at 4:26 PM

    Saleem,

    You're holding palm for a short time play, what are your thoughts on S for the same thing?

    Victor

    ReplyDelete
  8. Stocks100May 20, 2009 at 5:44 PM

    Hi Victor,

    S.....has done a golden cross...looks great for trading.

    S is positioned to benefit from PALM PRE contract....

    Good luck with S....

    Saleem

    ReplyDelete