Wednesday, January 5, 2011

Highest close again in Indices....NICE !!!!

Indices got back into track after ADP surprising upbeat data on job growth.

All indices closed @ the highest level in over two years...

Internals were positive.....

Following stocks were UP on $ basis :

PCLN +$24.22
FFIV +$5.22
CRM +$6.51
MA +$6.59
GOOG +$6.95
POT +$5.33
BIDU +$3.66
APKT +$3.05
MGA +$3.01
AAPL +$2.71
AMZN +$2.41

In my portfolio :

Doubled my position in MGM @ $15.29

Portfolio is FFIV,MGM,PCLN,RVBD.....

AH Futures Mixed

AH Asian Markets Mixed

AH Oil & Gold UP

BLOG does NOT give buy or sell.

Saleem

3 comments:

  1. SALEEM
    Good morning to you

    seems to me that the market should be over bought at this point......?.

    But it keeps going up!
    WOW
    I am looking at MCD to buy some shares today
    need a smacking goof food buy!! MCD tastes so good
    I also like HES, very good stats.

    Best to all

    ReplyDelete
  2. Hi Madmax,

    S&P 500 RSI closed @ 76.08.....in bear market we never reach 50 RSI..but this is "strong bull"..you have to let market TAPE tell you when its OVER.....

    Food stocks? try CMG ?

    Good luck with your buy buy buy !!!

    Saleem

    ReplyDelete
  3. SALEEM

    wow never thought about Chipotle Mexican Grill, Inc. (CMG)
    A good one and RSI is outstanding too!

    thanks
    BIDU and FFIV, RVBD are GREEN!!!

    go baby go Saleem and I need to make some dough!

    Smile

    ReplyDelete