Profit taking is playing a role in markets...Dow pulling away into new 2010 highs while Nasdaq & S&P 500 is slightly lower.......
Not much conviction in selling....tapering off ???
Gold UP $20
Oil Down 14 cents
Canadian $ Down 9 tick
In my portfolio :
Bought PALM @ $12.56
Portfolio is APWR,ASIA,AUY,IAG,PALM,POT,SLW,SOLF,TSL.TC......
@ 12.39 following are green :
APWR,AUY,IAG,SLW,SOLF,TSL,SOL,LDK,STP,
SINA,RCI,AGU,CMED,ISRG,GNK,LVS,FMCN,CTRN,
IGT,SPWRA...
BLOG does NOT give buy or sell.
Saleem
5 comments:
Saleem,
What are your thoughts on LVS. RIMM and FSLR.
FSLR and RIMM seem not to hold 140 and 66 recently.
Thanks
Paramjeet
Hi Paramjeet,
RIMM has been abandoned by traders..so stuck near lower level..so its dead money...
FSLR..not the best way to benefit from solar boom....TSL,CSIQ,SOLF are my 3 picks....
LVS is OK.....less risk more reward !!!
Good luck with your decision !!!
Saleem
Hi Saleem,
GNK got away from me on this last pop. BDI steady near 3100. China signaling more stock piling coming soon. Coal reserves down 30% due to harsh winter. Thoughts?
Best Regards
Hi Standards,
This market is a strong bull market & wants to go higher....
Pullbacks are contained for few hours only..which is the time to buy...buying on weakness has worked....
GNK recent high is $29 area..which will be resistance again IF it gets there..BUT there are many exciting sector to invest in....Solar,Techs,mining to name a few.....
A fully invested diversified portfolio should work in a "bull market"
Good luck in your decision.
Saleem
Fast Slow money
said up GNK and all shippers--FRO was upgraded also
China needs coal and copper---things are poping China had 18% growth
Market closed higher
My banks/financials are up/down C, GS, BAC are my stocks as is FNM go financials
I read that LVS is making BIG bucks--Dunno. for sure
good luck to All
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