Indices are mixed due to option expiry.....
Many stocks are being traded @ or below certain strike price.......
Gold UP $13 in new record high of $1260.50....
Oil UP 19 cents
Canadian $ UP 18 tick to 97.55
VIX Down 3.91% to 24.07
Portfolio is BIDU,CNQ,CREE,LVS,SNDK,SOLF,TCK
@ 12.52 following are green :
BIDU,CNQ,TCK,SOLF,CREE,CRUS,RVBD,ASIA,
AAPL,ISRG,GS,GG,SLW,GNK,CTRN,ICE,CCJ,
JRCC,AEM,ABX,VAR.....
BLOG does NOT give buy or sell.
Saleem
Saleem,
ReplyDeleteI followed your suit yesterday and entered a position in BIDU. It is up and strong today after a weak opening. I wonder why you did not enter it at $66 but at $73? Would its strength be better now than before?
Michael
Hi Michael,
ReplyDeleteBIDU was overbought big time pre & after split...went to $82+..
I was waiting for it to pullback & show renewed strength...RSI also was attaractive yesterday....
I also like to see market direction first before buying high beta stock.....
I am glad you got in $$$$$
Saleem
Saleem,
ReplyDeleteThanks for your comment. Your strategy worked really well. I followed your suit on CRUS but sold too early. It has been a star in the last couple of days.
I wait for a good entry on TCK. SNDK pulled back a little today, but it should be okay. Have a nice weekend.
Michael