Tuesday, February 2, 2010

2nd day of gain in Indices.....NICE !!!!

Markets are showing strength for 2nd day in a row which is technically significant.

There was mild selling pressure before housing data BUT housing data was better than expected....economic news continues to be better which negates bear thesis going forward....

Gold UP $10.90 to $1115.20

Oil UP $1.96 to $76.37

Canadian $ UP 35 tick to 94.29 US for 1 CAD

In my portfolio :

Added 50% TSL @ $23.24

Portfolio is APWR,AUY,IAG,PALM(upgraded $20 target),SLW,
SOLF,TC,TSL.....

Most stocks are UP.....

@ 12.21 following are RED :

AMZN,LVS,SU,BIDU,GOOG,RCI,PWRD,TC,CREE,
TKC,JRCC,WYNN,SPWRA,FSLR,IBN.....

BLOG does NOT give buy or sell.

Saleem

3 comments:

Michael said...

Saleem,

It is nice for green color. I am looking at APWR. It looks attractive. I know you bought it at high price and still hold it. Is it still good? Thanks.

Michael

Stocks100 said...

Hi Michael,

My cost is $19.18 & have not sold a single share.....

Wind Turbines are more in demand than solar worldwide...it is also very high price tag supported by business & government NOT individual...that is the difference between solar & Wind.

I say go with APWR !!!!

Saleem

Michael said...

Saleem,

Thanks for your comment. I just back up my truck with APWR. Now let ride with it.

Michael