Wednesday, November 3, 2010

Record close in S&P 500 & Nasdaq...NICE !!!!!

All Indices closed in green , Nasdaq & S&P 500 reached the highest level since August......

Fed QE2 was $600 billion,slightly above consensus of $500 billion...

Market was comfortable with this number as not too aggressive or not too cautious......

Strong stocks which were UP 2% or more included SOLF,AMZN,FFIV,
TSL,EGO,MA,AMCC,JDSU,CIEN,JASO,STP,SOL,NVLS,DQ,LDK,JKS.....

AH ER QCOM was a beat & guide UP,AH UP 7.18%

AH POT down 4.95% as Canadian government rejected BHP bid......

AH Futures UP

AH Asian markets UP

AH Oil & Gold UP

BLOG does NOT give buy or sell.

Saleem

9 comments:

  1. SALEEM

    Hello to all bloggers!!!!!!!!!!!!

    APPLE up huge in pre market
    does this spell breakout. Any thoughts on SOLF and BIDU??

    I am holding Dupont--up an amazing 30%. and KO is at 25%, not that is GOOD! I expect apple and BIDU do do way better

    WHat did you think about Potash buy out?
    Will that effect your investment?

    Have a fantastic day

    Bless all-best regards to all

    ReplyDelete
  2. Hi C,

    AAPL is breaking out...$314.04 is breakout..it is trading much higher...target $336 $$$$$

    SOLF looking very strong..BIDU is lagging big time...

    AGU will be fine it is green in pre-market....

    POT rejection was a political decision....ruling party had 13 Member of Parliament from Sasketchwan,where POT is located.....

    Saleem

    ReplyDelete
  3. WOW

    Lots of wow
    APPLE is flying higer
    Gosh now I wished that I had more shares

    BIDU is lagging today yuk
    best to all
    M

    ReplyDelete
  4. Saleem,

    Sold AAPL at 320. 17.5/share profit is too good to be true. Thanks for the pick.

    Michael

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  5. Saleem,

    Do you think double down on AGU is a good strategy? Thanks for your comment.

    Michael

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  6. Hi Michael,

    Yes AGU is washed out....doubling will pay off....

    Great trade in AAPL....

    Saleem

    ReplyDelete
  7. Saleem,

    Thanks for your input. Added AGU @84.2. I sold SOLF for .60/share x 500 = 300 profit. Not too bad for a few days. It looks weak on strong market.

    Michael

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  8. MICHAEL

    great trades and timing to boot

    I am still hodking my APPLE as for
    AGU, I will wait as I am holding BIDU as present and I need new powder to buy anything

    I will sell SOLF today and hold BIDU and APPLE apple is in breakout mode and should go a lot higher by xmass, mt hold for me.

    Good fortunes to all $$$

    ReplyDelete
  9. Hi M,

    Thanks for your comment. Saleem is a good leader. He picked most of good stocks. I just take profit when I feel it is the right time. I used to be a long-term player but not any more. Good luck with your AAPL and BIDU. I will wait for Saleem's re-enter AAPL, LVS, and BIDU to follow. We missed several bucks on LVS.

    Michael

    ReplyDelete