Thursday, December 9, 2010

Constructive close AGAIN......NICE !!!!

S&P 500 & Nasdaq had another record close while Dow lost 2 points.

Internals of the market remained strong

Interest rate jumped....30 year Fixed @ 4.91% today vs 4.66% last week

Gold jumped to $1392.10.....

AH NFLX & FFIV jumped upon inclusion in S&P 500....

In my portfolio :

Sold FFIV

Portfolio is JKS,LVS,SOL,AUY,AAPL,AMZN,BIDU

White House & Lawmakers are all set to pass renewing Bush Tax cut ..also renewing all Alternative Energy provision which was set to expire....it should be a very good day for Solar stocks on Friday..as it was assumed that expired initiative will NOT be renewed.....

AH Futures UP

AH Asian Markets Down

AH Gold Down

AH Oil UP.

BLOG does NOT give buy or sell.

Saleem

4 comments:

c said...

SALEEM

good morning to all!!!!!

Market islooking week here
LVS and AUY are red! Yeks'

It gonna take awile for some consoildation

Best to all

Stocks100 said...

Hi C,

It is weekly option expiration today...

See how AAPL below $320,AMZN below $175.LVS below $46 & NFLX barely above $195....welcome to MM & Wall Street....everything is made to order for someone ???

Saleem

Anonymous said...

Saleem,

LULU RSI @ 90. I tried to short through ameritrade, but they said no-no. What are you looking at??

Victor

Stocks100 said...

Hi Victor,

I bought back FFIV.....almost $8 lower than where i sold last night.

NFLX is interesting @ current price.

Saleem