Wednesday, January 26, 2011

Record high close for Dow & S&P 500....NICE !!!!

All Indices closed green with record close for Dow & S&P 500.

Internals of the market was strong.

VIX closed Down 5.4% @ 16.64.....

RSI @ close is :

Dow 78.85

S&P 500 70.54

Nasdaq 62.35

AH ER were strong or accepted by hedge funds :

NFLX Beat & Guide UP, but Sales were less than consensus.Stock UP 10.47%

CTXS Beat & Guide UP, but EPS guidance was below consensus.Stock UP 2.19%

QCOM Beat & guide UP.Stock UP 6.15%

Other News AH :

POT announced 3 for 1 stock split & increased dividend.

LDK announced 12 Million secondary + 15% over allotment.Stock Down 3.53%

AH Futures Mixed

AH Asian Markets Mixed

AH Oil & Gold UP

BLOG does NOT give buy or sell.

Saleem

4 comments:

madmax said...

SALEEM

I double up on AGU
SoI am hoping that POT rubs off on AGU! AG's are strong.

Verizon is up 3% so far$$$ I do not know if I should take the profit or let it run as it is a strong DIDV payer.

MGM is red---yuk

I am at home today so I have some time to look at the stocks
FORD is up today
Best regards to all

Stocks100 said...

Hi Maadmax,

Winter storm break is good !!!!

One has to be extremely comfortable in taking profit.

I am not in Div @ all.

It is better to go with obvious winner ..where TAPE is already strong !!!!

MGM needs a rest today !!!!

F reports before open on Friday !!!

Saleem

madmax said...

Happy snow day Saleem
Thanks for the input
I know that profit is profit

I thinks the apple phone news is priced into the stock price for Verizon.

I am real on Ford and Citi bank I bet big on both of them!

I am so happy to have bought 200 shares of AGU

Looking for a run to $100 smackers

Stocks100 said...

Hi Madmax,

I am glad that AGU is working out for you.

F is a long time winner.

C will be a little choppy.

Saleem