Wednesday, February 9, 2011

Dow makes another closing HIGH....NICE !!!!

Markets do not want to go down.Dow made another record close.

Other indices were slightly down.

Internals of the market were negative.

Following stocks were green RVBD,PCLN,CMG,AAPL,AMZN,NFLX,
BIDU,SOHU,CCJ,JDSU,FNSR.....

AH ER CSCO beat on Sales & EPS,but its guidance was below consensus due to margin pressure.CSCO Down AH 8.67%..i do not think that CSCO will affect market strength,as majority of tech companies are growing @ rapid clip.

AH ER AKAM guidance was a miss,stock Down 11.13%.

AH ER WFMI was a beat & guide above,stock UP 9.25%

AH Futures Mixed

AH Asian Markets Down

AH Gold Down

AH Oil UP

BLOG does NOT give buy or sell.

Saleem
at

14 comments:

  1. MadmaxFebruary 10, 2011 at 5:14 AM

    SALEEM

    good morning to you

    Looks like a sea of red
    Up yesterday BIDU and APPLE what a run they are having--I still have apple
    MGM & BAC looks like a down day
    how are you today
    Shoveling more snow
    I got a picture of major snow in Mass,

    ReplyDelete
  2. Stocks100February 10, 2011 at 5:24 AM

    Hi Madmax,

    Today no snow where i live.I am north of Toronto.Beautuful sunshine.

    Market should recover by close..too much buying interest to keep it down.

    Good luck..RED is not so bad once in a while...it gives you a chance to buy CHEAPER.....

    CHEAPER is GOOD $$$$$$

    Saleem

    ReplyDelete
  3. MadmaxFebruary 10, 2011 at 6:48 AM

    SALEEM

    MY DD, MO, KMB and POT--are mean and green

    I was searching for a day trade but I found nothing that I liked
    best to all

    ReplyDelete
  4. Stocks100February 10, 2011 at 7:00 AM

    Hi Madmax,

    I am glad you have many green...

    By the end of the day..more green to show up.

    Saleem

    ReplyDelete
  5. psrajpalFebruary 10, 2011 at 7:09 AM

    Hi Saleem,

    Any good buy's in today's market?

    I see TER, F, BRCD, CREE as the few but wanted to get some inputs on above and others.

    Thanks

    Paramjeet

    ReplyDelete
  6. MadmaxFebruary 10, 2011 at 7:19 AM

    Hi All
    I too am on the hunt

    See CSCO and GNK

    ReplyDelete
  7. Stocks100February 10, 2011 at 7:19 AM

    Hi Paramjeet,

    Buy strong stocks ...they are better better bet than bargain..check most UP or green list.

    Saleem

    ReplyDelete
  8. MadmaxFebruary 10, 2011 at 7:24 AM

    Hi aALl

    Good suggestion Saleem

    do ya think that CSCO may offer some good play here

    thanks all

    ReplyDelete
  9. Stocks100February 10, 2011 at 7:29 AM

    Hi Madmax,

    IF you are looking for 50 cents gain ,then go for CSCO.

    Saleem

    ReplyDelete
  10. psrajpalFebruary 10, 2011 at 8:16 AM

    I have put a buy order for CREE at 52.40. With VECO earning last week came out resonably good, I think CREE will be back in 60's soon.

    Will wait for TER to pull back to 17.30 or lower (RSI is still upper 70's here) before pulling the trigger.

    Thanks All.

    Paramjeet

    ReplyDelete
  11. Stocks100February 10, 2011 at 8:24 AM

    Hi Paramjeet,

    CREE is certainly behaving well & has found strong support.

    RSI is critical in buying decision & holding for MAX gain.

    I am glad that RSI is in your focus.

    Saleem

    ReplyDelete
  12. MichaelFebruary 10, 2011 at 8:58 AM

    Saleem,

    Like what you predicted, CISCO is ER is non event. Most of your Networking FFIV and RVBD go higher.

    As we expected, RVBD tested its 52wks high and poke through smoothly. Where will it go from here? Higher high? Have a wonderful day. Thanks.

    Michael

    ReplyDelete
  13. Stocks100February 10, 2011 at 9:06 AM

    Hi Michael,

    Thanks for your feedback.

    It is important to analyze each event on its own merit.

    CSCO is losing its growth..which is NOT a surprise to any market watcher..maybe to CNBC pundits.

    RVBD just broke out..so much higher from here.

    Saleem

    ReplyDelete
  14. MadmaxFebruary 10, 2011 at 9:24 AM

    Hello

    I want to cheer too

    CSCO is dead
    I did not get JDSU and RIMM and RVBD FFIV, So I am bad

    My apple continues to soar as do the AG's!

    Have a great day to all
    Cheers

    ReplyDelete