Tuesday, October 12, 2010

Higher highs & highest close in all indices...NICE !!!

All indices are making higher highs & had the highest close since this rally.....

S&P 500 high today was 1172.58 which technicians never saw it coming ????

RSI in S&P 500 is @ 67.64.....

VIX closed @ 18.93 Down .16%

AH INTC had a beat from lowered guidance.....AAPL eating away @ its netbook sales ????

Stocks which were UP included LVS,AAPL,AMZN,ARUN,
DQ,SATC,N,AGU,GS,PCLN,RVBD,AMCC,BZH,BAC....

JPM reports before open......

AH Futures Down

AH Asian markets mixed

AH OIL & Gold UP

BLOG does NOT give buy or sell.

Saleem

6 comments:

c said...

SALEEM

GOOD morning to you

APPLE is eating at the netbook sales
Lap top sales do ya mean???

The iPad will kill either the PC or the laptop as you do not need all 3 --the iPad is just way to cool and light weight to boot!!! But is is NOT a PC yet!
I think the next generation will steal sales from the Phone and PC
But APPLE dominates the iPad market and they are minting $$$

My Ford is up
DD is up HNZ, A WIN, C, are steady eddie..

I was looking to get some WFR but it escapes me yet...
The very best to all
APPLE to $325 coming soon!!!!!!!!!!

Stocks100 said...

Hi C,

It is the netbook..which has Atom processor...they sell for less than $300...comes with 1 GB memory they have 10 inch screen....Ipad is killing them.....

I hope you are planning to book some profit today ..as we will get overbought....imho

Saleem

c said...

SALEEM
Oh OK

As for profit

I usually hold out for MT trades

Are we due for a majot correction??

thanks

Stocks100 said...

Hi C,

NOT a major correction..a pullback usually range about 5% to 7%....

IF you are not a trader do not worry....

Saleem

Michael said...

Saleem,

LVS got pinned down today. Do you think their second offering is imminent?

Your trade in AAPL was scary. However, it showed your confident and style.

Michael

Stocks100 said...

Hi Michael,

LVS is pinned down due to MGM warning & stock offering....LVS is paying down debt..no chance of dilition...

By the way WYNN is down 38 cents ..while LVS is green....

AAPL was NOT a scary trade @ all..I play AAPL through market sentiment for extremely short term...

Saleem