Friday, November 5, 2010

Profit taking taking hold......

Jobs report was well above expectations,151k vs 60k.....

Market is in digestive phase of all the good news this week,we are batting 3-0

Oil Down 23 cents

Gold UP $11

Canadian $ UP 15 tick to 99.95..it was above US$ this AM....

In my portfolio :

Bought EBIX @ $25.04

Portfolio is AGU,AKAM,EBIX,KGC,SOLF

It is a mixed picture in stocks...

@ 12.30 following are green :

AGU,SOLF,EBIX,KGC,LVS,WYNN,AMZN,
FFIV,PCLN,EXPE,TCK,TSL,GS,SLW,
ISRG,X,ATML,MGA,FNSR,BAC,SNDK,
ARUN,CRUS,SINA,ICE,LULU,NTES,
MFC,FSLR,GNK,FWLT.

BLOG does NOT give buy or sell.

Saleem

4 comments:

  1. Banking and Shipping stocks seem to be breaking out.

    Bought GNK and CRUS early in the morning.

    Thanks for a great blog.

    RSI works !!

    Paramjeet

    ReplyDelete
  2. Hi Paramjeet,

    Thanks for your feedback.

    Applying ones own knowledge is a great trading tool...

    Excellent pick of CRUS & GNK !!!!

    Saleem

    ReplyDelete
  3. Saleem,

    I thought AGU would run to new high this morning, but not. Hope next week, it will.

    I don't know much about EBIX, so I will monitor it for awhile. What do you see in this stock? Thanks.

    Michael

    ReplyDelete
  4. Hi Michael,

    EBIX is a high growth small cap software play....

    They report before open on Tuesday..they have a beat all the time..

    Huge short interest 31% of float...float is only 33.82 million shares....

    There could be "fireworks" Tuesday AM....

    AGU has turned the corner ..now it will build to new highs !!!!

    Saleem

    ReplyDelete