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
7 comments:
Saleem,
Do 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,
YES..news is permission for certain phase not given....which was hinted by Macau administration.
YES..LVS is a BUY
Saleem
Saleem,
What would be a good sell point for SOL?
I followed you and bought some at 8.38.
Thanks for your comments.
dm101
Hi Dm,
As 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,
Thanks so much for your reply. I have not really followed SOL for quite sometime, so your help is much appreciated.
dm101
Saleem,
I too am holding RVBD. The RSI is getting up there. Are you just playing it for a couple of points??
Victor
Hi Victor,
YES...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
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