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
14 comments:
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,
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
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
Hi Madmax,
I am glad you have many green...
By the end of the day..more green to show up.
Saleem
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
Hi All
I too am on the hunt
See CSCO and GNK
Hi Paramjeet,
Buy strong stocks ...they are better better bet than bargain..check most UP or green list.
Saleem
Hi aALl
Good suggestion Saleem
do ya think that CSCO may offer some good play here
thanks all
Hi Madmax,
IF you are looking for 50 cents gain ,then go for CSCO.
Saleem
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
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
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
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
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
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