Indices are all green with S&P 500 strong......
Economic news continues to be encouraging,which is good for the stock market.
Gold UP $9.50
Oil UP 40 cents
Canadian $ UP 1.33 @ 99.52
In my portfolio :
Added 15% SOL @ $8.35
Bought RVBD @ $34.49
Portfolio is AUY,BIDU,FFIV,JKS,RVBD,SOL,AAPL,AMZN,LVS....
Most stocks are UP
@ 12.19 following are down :
NFLX,LVS,WYNN,FFIV,PCLN,AMZN,MOS,
AKAM,MA,M,SNDA,CTRN,LULU,NTES,GAME.
BLOG does NOT give buy or sell.
Saleem
Saleem,
ReplyDeleteDo you have any news on LVS? Will it be a good time to load up?
It is coincident that I bought RVBD this morning at 34.27. Thanks for all your comments.
Michael
Hi Michael,
ReplyDeleteYES..news is permission for certain phase not given....which was hinted by Macau administration.
YES..LVS is a BUY
Saleem
Saleem,
ReplyDeleteWhat would be a good sell point for SOL?
I followed you and bought some at 8.38.
Thanks for your comments.
dm101
Hi Dm,
ReplyDeleteAs SOL has come down from $15.34 in the week of Oct 11...there is a very good chance that it may recover 50% of its loss.....
$15.34 High
$8.15 low
$7.19 loss...50% retrace =$3.60
Low $8.15 + $3.60 =$11.75 selling target
Hope it helps !!!
Saleem
Saleem,
ReplyDeleteThanks so much for your reply. I have not really followed SOL for quite sometime, so your help is much appreciated.
dm101
Saleem,
ReplyDeleteI too am holding RVBD. The RSI is getting up there. Are you just playing it for a couple of points??
Victor
Hi Victor,
ReplyDeleteYES...RSI is 73.06....but it is down from 78 area...
RVBD has not done anything for 5 days now....& is 88 cents below 52wk high....
I may keep RVBD for a while as its business is growing fast & a potential takeover.....
Saleem