S&P 500 is giving a "strong technical picture" by making new highs everyday..9 out of 10 days it has been UP.......
There is a very good chance that 1131 could be taken out.....
RSI is @ 63.74.....
Market TAPE is "very strong".....
Gold @ record high UP $27.10
Oil UP 69 cents
Canadain $ @ new recent high @ 97.83 UP 54 tick
In my portfolio :
Bought back covered write on LVS @ .54 cents
Bought AAPL @ $266.90
Bought SOLF @ $12.02
Added 35% more LVS @ $32.13
Portfolio is SOLF(new 52 wk high),AAPL,LVS..all long & clear.....
I am @ 50% exposure......
Most stocks are UP
@ 12.28 following are RED :
AGU,X,IBN,CNQ,RVBD,ASIA,ECA,
BRCD,IGT,NTES,FUQI,SNE,GS,GNK.....
BLOG does NOT give buy or sell.
Saleem
2 comments:
Saleem,
I have still been on the side line. Looking at my stocks that I sold yesterday have been extremely hot today: SNDK and CREE but I did not made any move and will proceed as the plan. I will stay put till the rest of the week.
I saw you have started to tip in. Anyway, NO PAIN - NO GAIN. Good luck with your portfolio.
Michael
Hi Michael,
Individual stocks are doing OK..but most are not...it is day to day.
IF you stay out ..you can evaluate IF you are ahead or behind....
We all learn daily !!!!
Saleem
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