Indices are showing their resiliency by erasing all losses by close......
As ..i have been highlighting..watch how we close.....
Friday could be no different ......
In my portfolio :
Sold TER
Doubled my position in RIMM @ $70.58....now 71% of my portfolio...not recommended to others to have such a heavy weighting...as i can monitor every tick & can trade out in nano-second.....
Portfolio is CRUS,LDK,RFMD,RIMM......
AH AMZN was a beat..... BUT margin in guidance became an issue..down almost $10 in AH volume of 3.97 million shares.....it was overbought big time.....
AH MSFT was a beat.... but it was down 41 cents in AH volume of 13.13 million shares...
AH RVBD was a beat stock UP 69 cents in AH volume of 27,471 shares.....
AH Futures are Down
AH Nikkei & Singapore Down...
AH Oil,Gold,Silver Down
BLOG does NOT give buy or sell.
Saleem
4 comments:
SALEEM
RIMM keeps hoping around
Got some RFMD --I piggy backed --OK
Got in at $5.43
Amazon really sold off--had to be way extended to sell off like that
Peace
Hi C,
RIMM has a WES (Wireless Enterprise Symposium) for 3 days starting Monday in Florida....it is an annual event where they showcase their product & vision....on Monday they start with Analyst day.....expecting very good things from RIMM this year.....
RFMD reports on Tuesday alongwith CRUS AH..they both should beat & guide UP......
AMZN is not that bad today..Down $4 ???
Saleem
SALEEM
thanks so much for your insightful reply--wow
I meant that AMAZON surprised me by the sell off yesterday and today. Fast Money stated that it was still to pricey for them
We both got some a while back and got out before it finally turned back up.
AMZN has a mind of its own that I do not understand
I got some more MCD and KO for my IRA and
J Cramer loves steel...Me too!
Got a tiny order for some NUE
Peace and great weekend to all
Hi C,
Thanks for your feedback....
RIMM & many other stocks do not move until its time...but..when they start their move it is always more than what we expect....
Longer the base building..higher the move UP...RIMM was @ current price in June 07.....almost 3 years of base building !!!!!
TCK..is a great company...watching closely for months $$$$$
Good luck with your portfolio !!!!
Saleem
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