Indices fought profit taking whole day......BUT Dow & Nasdaq showed relative strength by closing in Green while S&P 500 missed it by a single point......
Strength of any market is determined by "how we close".....so keep an eye on close.....
There is lot of NOISE in the market based on bad ER...pay attention to good ER & its "beneficiaries"
In my portfolio :
Sold MU
Doubled TER position.....@ $12.00
Portfolio is CRUS,LDK,RFMD,RIMM,TER.......
AH ER was a mixed bag as listed below :
TER ER & Guidance very good UP 9.11%
SNDK ER was a blowout UP 6.76%
QCOM was BAD....Down 8.28%
EBAY BAD..Down 8.48%
SBUX raised guidance UP 1.65%
LRCX Down 2.48%
AH Futures are Down
AH Nikkei Down
AH Oil,Gold,Silver Down
BLOG does NOT give buy or sell.
Saleem
2 comments:
SALEEM
good luck to all today
Very red COLOR
MU went green CRUS just hot $10
RIMM is a hurting today
My Q is being bought out--I was hoping for a pop to $6.50 per share
Best to all
Hi C,
Color red will change to color green..shortly......
RIMM ....will do very well..patience will help.....
Good luck in your portfolio....
Saleem
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