Tuesday, May 11, 2010

Rally back on track...NICE !!!!

Indices fought overnight jitters from negativity from Asian markets to European markets...BUT US is giving "thumbs down" to shorts & naysayers to huge ECB support....

Even DAX has turned green after being down almost 2%.....

Media has been involved by shorts to push negativity about every effort to bring this market down.....

Gold @ record high again @ $1217.20 UP $16.80..Gold stocks are among the best performing sector.....

Oil UP 30 cents to $77.10

Canadian $ UP 53 tick to 98.18 US for 1 CAD....

In my portfolio :

Bought BRCD @ $6.37

Portfolio is BRCD,CRUS,CIEN,RFMD,TER.....

Most stocks are UP

@ 12.29 following are RED :

TCK,ASIA,SOL,TSL,POT,GOOG,
MS,GS,CSIQ,IBN,QID,IPI,MA,V,
MU,PCLN,EXPE,X,AGU,FMCN,
SINA,SNDA,GAME,FSLR,ISRG,
LDK,SNE...

BLOG does NOT give buy or sell.

Saleem

2 comments:

c said...

SALEEM

a good buy is BRCD, I have owned it before--a good one.
My tech plays are good except MU
darn it
the tankers are holding up OK

APPPLE is recovered and going to $300 IMHO. It is to expensive for me - however.
RIMM has done well too
Cheers

Stocks100 said...

Hi C,

Thanks for your feedback.

MU is showing "serious weakness"

Markets are difficult...so look for strong stocks.....they are not difficult to find.....

Good luck in your picks !!!!

Saleem