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:

c said...

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

Stocks100 said...

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

c said...

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

Michael said...

Saleem,

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

Michael

Michael said...

Saleem,

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

Michael

Stocks100 said...

Hi Michael,

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

Great trade in AAPL....

Saleem

Michael said...

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

c said...

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 $$$

Michael said...

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