Monday, November 22, 2010

Indices lower by .46% to 1.11%....

Market is backing off after Ireland bailout.

Nasdaq was green, but gave up gains.Many strong stocks are UP sharply...

Gold UP 70 cents

Oil Down 94 cents

Canadian $ Down 41 tick to 97.94

Portfolio is AGU,BIDU,EGO,FFIV,KGC,WYNN....

Stocks are mixed....

VIX UP 11.03% @ 20.03

@ 1.20 following are green :

AGU,FFIV,KGC,WYNN,EGO,NFLX,AAPL,AMZN,
LVS,PCLN,RVBD,SLW,MGA,SOHU,M,CTRN,
SOLF,CRM,LULU,CRUS,FUQI,ISRG,IBN,CIEN,
SOL,SNDK,NVTL.

BLOG does NOT give buy or sell.

Saleem

4 comments:

Michael said...

Saleem,

FFIV is on fire again. AGU got upgraded this morning, so it has behaved well in tough market. What do you think of the close? Hope it will pull up.

Michael

Stocks100 said...

Hi Michael,

YES...FFIV is looking very good $$$

AGU got an upgrade ..hoping it close above 50DMA,currently 9 cents below....

Nasdaq has a very good chance of closing green...rest do not matter as they are weaker.

Saleem

Michael said...

Saleem,

You are right on. Nasdaq is GREEN and up more that .5%. This is significant and truly amazing how strong the market is. I wonder if you have target price for FFIV or you just ring the register when you see the tape asking you to do so?

Michael

Stocks100 said...

Hi Michael,

When RSI is 80+ in FFIV...then its time to take the profit..currently 70.45....

YES...Strong bull market has clearly defined leaders,who defy any weakness....

Enjoy the ride UP in FFIV $$$$$

Saleem