Monday, July 20, 2009

Higher highs for Nasdaq....AGAIN...NICE !!!!

Nasdaq is hitting new highs for 2009 third day in a row.....

S&P 500 & Dow also marching in GREEN...both getting ready for taking out 2009 highs....

Gold UP $16.10

Oil UP 22 cents

Canadian $ UP 72 tick against US$.....trading @ 90.32 cents US$

In my portfolio :

Sold SLW...

Added 40% more IPI

Portfolio is EGO,GNK,IPI,MRVL,SOL,RIMM,TLM.....

@ 12.08 following are RED.....

GNK,IPI,PALM,C,CTRN,BRCD,SPWRA,BAC,ENER,
CIEN,AMCC,AMTD,AGU,PMCS,NVDA,STX,GRMN.

BLOG does NOT give buy or sell.

Saleem
at

5 comments:

  1. standardshighJuly 20, 2009 at 9:55 AM

    Hi Saleem,

    GNK looks ok, BUCY making another move. TSM creeping up slowly. GE waiting for me to sell AUG 12 calls :)
    Market looks pretty good.

    Best Regards

    ReplyDelete
  2. Stocks100July 20, 2009 at 10:17 AM

    Hi Standards,

    BUCY $1.10/day is NICE.....

    GNK is resting after nice move which is OK...

    GE covered call is a desirable strategy as GS cut the target on GE from $16 to $13 with a neutral rating....

    It is a "stock pickers market now"...in same sector some are RED,some are green????

    TSM is also a good div & growth play....

    Saleem

    ReplyDelete
  3. standardshighJuly 20, 2009 at 10:17 AM

    Hi Saleem,

    HANG SENG +696.71 +3.70% 19,502.37

    Most world markets up 1+% last night.

    Best Regards

    ReplyDelete
  4. Diane Clayton LCSWJuly 20, 2009 at 11:34 AM

    Hi, Saleem,
    http://www.tradersnarrative.com/conditions-of-new-bull-market-coppock-guide-1722.html
    I found this explanation. Stacks Newsletter is the one I read about that discussed Coppock wave.

    Diane

    ReplyDelete
  5. Stocks100July 20, 2009 at 11:41 AM

    Hi Diane,

    Thanks for info !!!

    Saleem

    ReplyDelete