Tuesday, February 8, 2011

China hikes interest rate & Markets HIGHER...NICE !!!!!

China raised interest rates for the second time to cool inflation,but markets are saying "bring it ON".....

When markets are not afraid of bad news....pay attention

All indices GREEN....

Gold UP $18.40

Oil Down 57 cents

Canadian $ Down 13 tick @ 100.80

In my portfolio :

Bought F @ $16.19

Portfolio is BAC,FFIV,F,MGM,RIMM,RVBD.....

Stocks are Mixed...

@ 1.24 following stocks are RED :

FFIV,RIMM,BAC,CMG,NFLX,MGA,
CRM,POT,IBN,SOHU,CCJ,MA,SU,
CNQ,JDSU,FNSR,TSL,JKS,STP,SOL,
SOLF,LDK,IGTE,ASIA,RCI,ECA,
ICE,JRCC,NDAQ,NTES,NYX,SPWRA,
FSLR,TTM,GNK....

BLOG does NOT give buy or sell.

Saleem

7 comments:

madmax said...

Yea
Yahoo Ford I got me a big position in F

Good luck
I did buy some BAC RSI is 60!
so I am on board

All aboard
I also got some KMB as it is in a break out mode, IMHO
Best to all

Stocks100 said...

Hi Madmax,

I have a "small position" in F.

Looking very good after selling off.

Good luck with BAC..in 12 months from now... you may be looking @ double.

Saleem

Michael said...

Saleem,

MGM is on fire. I will go higher $$$$. FFIV deserves a rest after four days of stellar performance.

RVBD wants to go higher. It may test its peak very soon. Thanks.

Michael

Stocks100 said...

Hi Michael,

YES..FFIV must rest after moving up $22 in a straight line..its uptrend remains intact.

RVBD setting up for new 52 wk high.

MGM is looking good after upgrade !!!

Saleem

madmax said...

Saleem
JDSU

Cramer love it

MGM Cramer says $20 !! Go Daddy GO
wow what a market

Stocks100 said...

Hi Madmax,

Lot of stock to like these days.

This is a major bull market.

Cramer told everyone yesterday to wait for a pullback to buy everything cheaper ?

Saleem

madmax said...

SALEEM
After non recurring items, AGU posted $1.38 vs $1.14 estimate. If we get a bullish crop report, the ags should continue to fly.
Ag's are flying
Buy buy buy

smile