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:

  1. 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.

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  2. Hi C,

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

    Solar stocks are strong $$$$$

    Saleem

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  3. Saleem

    I got 1K of IAG

    Gold is going higher IMHO

    IAG sold off today --any reason?

    Regards

    ReplyDelete
  4. hi c,

    iag ceo resigned yesterday.....

    saleem

    ReplyDelete
  5. Saleem,

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

    Michael

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  6. 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

    ReplyDelete