Tuesday, January 5, 2010

Nasdaq & S&P 500 @ new highs AGAIN....NICE !!!!

Indices are making new highs with S&P 500 & Nasdaq despite negative home sales data......

Dow is lagging BUT not far from previous high.....

Gold UP $7.10

Oil UP 9 cents

Canadian $ UP 26 tick @ 96.29 US for 1 CAD

In my portfolio :

Doubled my position in IAG @ $16.05

Portfolio is AMZN,AUY,IAG,POT,SLW,SOLF,TSL,TC.....

@ 12.07 following are among green:

TSL ( new high),POT (upgraded by CS),SOLF,TC,AUY,SLW,
APWR,MRVL,SOHU,STP,PWRD,AGU,IPI,RIMM,PALM,GG,
GS,CSIQ,SU,LVS,AAPL......

BLOG does NOT give buy or sell.

Saleem

6 comments:

c said...

Saleem
Way to swing trade

I looked hard at GNK, POT AUY and IAG....
I am also intregied my Nat Gas price increase and the huge POP in share price of Nat Gas producers,
I was chasing CHK at $28 never filled: Looking at the following:

NOV RIG WFT SWN COG CRZO GMXR DVN ARD NTG EOG UPL UNT APA ECA
I would think that now is the time to get some stocks in the OIL PATCH???

Good luck to all
LVS moved up nicely and GNK rocked! I sold that one way to soon.

Stocks100 said...

Hi C,

Exploring new ideas to trade is always good....

Solar stocks are strong $$$$$

Saleem

c said...

Saleem

I got 1K of IAG

Gold is going higher IMHO

IAG sold off today --any reason?

Regards

Stocks100 said...

hi c,

iag ceo resigned yesterday.....

saleem

Michael said...

Saleem,

I would like to see your comment on MOS. Will it's earning affect POT and AGU? Thanks.

Michael

Stocks100 said...

Hi Michael,

POT & AGU will do fine as potash prices will be stable to UP from here...which MOS said also.

2010 will be a turning point for POT,MOS,IPI,AGU ....UP from here !!!

Saleem