Thursday, October 28, 2010

Another record close in Nasdaq...NICE !!!!

This market is amazing...when everyone is sure that we will go down fast..it finds its footing & turns around....today was no exception..Nasdaq & S&P 500 made it into green while Dow lost 12 points.....

I do not recall any market which displayed so much strength after being UP for seven straight weeks.....it bodes well for future direction of this market.....

Stocks which were UP 1% or more included LVS,AKAM,SLW,EGO,KGC,GS,
M,GG,BCSI,EBIX,IGTE,SOL,LDK,CNQ......

In my portfolio :

Added 25% AAPL @ $303.50

Portfolio is AAPL,BIDU,LVS.....

AH MSFT ER was a beat..UP 3.42%

AH EXPE ER was a beat..UP 3.29%

AH Futures Down

AH Asian markets Mixed

AH Oil & Gold Down

BLOG does NOT give buy or sell.

Saleem

2 comments:

  1. Saleem

    Good no great call on APPLE

    Was thinking on adding more myself

    market is basically green--that is strong IMHO
    Go LVS and APPLE

    ReplyDelete
  2. Hi C,

    Today is weekly option expiry which put downward pressure on stocks like AAPL,BIDU,AMZN....

    MM trying to contain their strategy.....

    Saleem

    ReplyDelete