Thursday, July 22, 2010

Bernanke uncertain BUT market is certain UP 2%+

Market CAN tell more than mortals like Bernanke...Fed is looking @ current Data & market is "certain" about six months out....

Indices are UP from 2% to 2.33%......

Technical picture improved big time as all indices are above 50 DMA....almost ready to take out 200 DMA.....

Gold UP $4.40

Oil UP $2.04

Canadian $ UP 1.09 cent @ 96.39

Portfolio is BIDU,CSIQ,CREE,EGO,LVS...

VIX Down 4.99% to 24.36

@ 12.39 following are UP 2% or more :

BIDU,CREE,EGO,LVS,LRCX,MSFT,RVBD,
VMW,RIMM,C,BAC,BCSI,IBN,SOHU,CCJ,
MA,V,NDN,M,EXPE,X,IPI,GNK,SLW,TCK,
CNQ,AAPL....

SNDK,AMZN,MSFT reports AH.....MSFT may surprise with
better than consensus numbers.....

BLOG does NOT give buy or sell.

Saleem

4 comments:

  1. Saleem,

    Good day today. Still holding AAPL, added AKS today. Have a good evening.

    ReplyDelete
  2. HELLO to all

    Made up some slack on my buys

    of KO, NUE NLY GE DD and KMP and sold VOD with a 9% profit Ciit preferred up 1%==whoa!!

    It pays to wait I sold my APPLE--wow it has some big moves--scary to hold

    I still own CIEN, RIMM, RFMD

    best to all

    ReplyDelete
  3. Hi Victor,

    AAPL is OK now..after yesterdays high speed roller coaster......

    Good luck with AAPL & AKS..steel stocks looking good !!!!

    Saleem

    ReplyDelete
  4. Hi Madmax,

    We all need good day like today...

    RFMD & CIEN can be traded to better stocks imho....

    Your portfolio suits your investing style.... but i do not follow most of them...i am in non divi world with 72 hrs time frame....

    AAPL was scary yesterday.....high frequency traders were all over AAPL ???

    Saleem

    ReplyDelete