S&P 500 went to 1110.27 making a higher high which is a good thing.....
Market TAPE is kind of lethargic which COULD be a reflection of low volume..next week will be a better indicator of market trend...incidentally next week is also Option Expiry which could trigger extreme market move......
I have a feeling that market IS getting overbought based on current buyers....BUT you never know.....
Gold Down $11.70
Oil UP 30 cents
Canadian $ UP 40 tick to 96.84
In my portfolio :
Sold AAPL
Sold RVBD
Bought LVS @ $32.36
Portfolio is LVS.....
I may not add any stock until Monday TAPE.....just a gut feeling....
VIX Down 4.6% to 22.18
@ 12.29 following are green :
AAPL,VMW,RVBD,LVS,GOOG,AMZN,IBN,
SOHU,ISRG,GS,SNDK,CNQ,FMCN,SINA,
WYNN,MFC,NYX,FSLR,VAR.....
BLOG does NOT give buy or sell.
Saleem
Apple still had room to romp
ReplyDeleteI realize that profits are King
I like LVS, it has gotten lots of attention
I also agree that the big bad top end companies shoot higher quicker than all other plays
there may be some MOJO is the bank stocks
action in BAC and CITI is intregging here
just my .02 cents
best regards to all on this board
Hi C,
ReplyDeleteThanks for your take on AAPL,LVS & Bank stocks.....
BUT...market trend needs to be factored first.....it is a rangebound market....
Saleem
WOW
ReplyDeleteJ cramer is screaming to buy LVS...
says china is a huge money maker
He like Wynn best
he will not shut up about gambling
buy Wynn--hmmmm
good luck