Tuesday, January 19, 2010

Dow & S&P 500 @ record close...NICE !!!!

Dow & S&P 500 had another record close...

My condolence to genius of wall street like Doug Kass,David Rosenberg,Robert Prechter,Roubini,Carter Worth who "talk the- most & know the-least" about market TAPE & MOMENTUM...they all have scored "F" since July......

Gold was UP $9.60 to $1139.70

In my portfolio :

Sold TSL

Sold SOLF

Portfolio is APWR,ASIA,AUY,IAG,PALM,POT,SLW,TC & FUQI call which is dying

AH IBM ER was greeted with selling ..Down AH 1.85% on 1.81 Million AH volume

AH CREE ER was stellar UP AH 10.90% on 1.26 AH volume

Germany will introduce legislation for cutback in subsidies on Wednesday which MAY pressure Solar stocks....will stay out until there is more clarity in terms of Sales & EPS......

Strong stocks were APWR,SOHU,IBN,AGU,ISRG,GOOG,IPI,
GS,MA,V,AAPL,NVDA,CSIQ,X.....

AH Futures are UP

AH Nikkei UP

AH Hang Seng Down

AH Shanghai Down

AH Oil Down

VIX closed lower @ 17.58 Down 1.84%

BLOG does NOT give buy or sell.

Saleem
at

5 comments:

  1. madmaxJanuary 20, 2010 at 5:36 AM

    SALEEM

    Good morning

    Looks like today could be a red day

    Bank of America Corp reported a wider-than-expected quarterly loss of $5.2 billion, hurt by still-high loan losses and its repayment of U.S. government bailout aid. I wonder if earnings report had the loss built into the share price.

    Looking for some action in hte shippers today


    Cheers to all

    ReplyDelete
  2. Stocks100January 20, 2010 at 7:03 AM

    Hi Madmax,

    RED...is the color....

    Most sectors down.....

    Saleem

    ReplyDelete
  3. psrajpalJanuary 20, 2010 at 9:19 AM

    How does GNK look at 23.00 - 23.30 range. It sold off sharply today.

    Cheers !!

    Paramjeet

    ReplyDelete
  4. standardshighJanuary 20, 2010 at 9:46 AM

    Hi All,

    GNK looks much better at 23! I bought too soon! The further deviation from the BDI the better.

    Before market professional sales drove the market down 140 before open.

    We may be getting some traction here. Saleem?

    Best Regards

    ReplyDelete
  5. Stocks100January 20, 2010 at 9:55 AM

    Hi Standards,

    Today is the first day of real selling...so we MAY close near lows of the day......

    Tuesday COULD be "turnaround Tuesday"

    Saleem

    ReplyDelete