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

8 comments:

standardshigh said...

Hi Saleem,

BDI +21 2665 nice!

Best Regards

Stocks100 said...

Hi Standards,

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

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

Saleem

c said...

HEY

I like my DSX

Any body care about mine?

Good Luck
we all should see some appreication

Stocks100 said...

Hi Madmax,

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

Saleem

standardshigh said...

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

madmax said...

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

Anonymous said...

Saleem,

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

Victor

Stocks100 said...

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