Thursday, December 3, 2009

S&P 500 went to new 09 High....NICE !!!

Markets opened green but is struggling with some economic number.....S&P 500 did go to new 09 highs before pulling back......

Dow & S&P 500 are barely RED while Nasdaq is staying GREEN.....

Gold Down $1.70

Oil Down 36 cents

Canadian $ Down 25 tick

Portfolio is AAPL,EXPE,MRVL(went to new 52 wk HIGH),POT,SOLF,TSL.....

MRVL reports AH....expecting better than consensus guidance...one trader IS making a bearish bet by buying 5,000 contract of $16 put ????

@ 12.15 following are green :

AAPL,EXPE,MRVL,SOL,CSIQ,STP,BAC,TKC,
WYNN,LVS,CMED,SPWRA,ISRG,FSLR,SNE,
AMZN,GOOG.

BLOG does NOT give buy or sell.

Saleem

2 comments:

Michael said...

Saleem,

Are you going to hold MRVL? I am holding a large amount of MRVL so your guidance is appreciated.

Michael

Stocks100 said...

Hi Michael,

Yes ..I am holding MRVL.....

I am expecting guidance to be HIGHER than consensus....

Also technically MRVL is making new 52 wk HIGH...which IS a very encouraging sign....

Good luck in your decision for MRVL !!!

Saleem