Thursday, March 24, 2011

S&P 500 above 50 DMA...NICE !!!!

All indices are in green with a move UP of .60% to 1.11%...

S&P 500 moved above 50 DMA......

Nasdaq only 15 points below 50 DMA.....

Gold UP $4.50

Oil UP 14 cents

Canadian $ UP 42 tick @ 102.46

VIX Down 4.69% @ 18.27

Portfolio is BAC,RIMM,RVBD,TCK......

Most stocks are UP....

@ 1.14 following are RED :

BAC,POT,FFIV,JKS,CF,APKT,EBIX,
GS,SLW,MOS,CCJ,CNQ,SU,JASO,
ASIA,ECA,SNDA,SPWRA.....

BLOG does NOT give buy or sell.

Saleem
at

7 comments:

  1. cMarch 24, 2011 at 12:19 PM

    S

    RIMM is super hot

    I got Some KMP, EVEP and TSN

    Looking at more RIMM or BAC--BAC has gotta make a come back?

    thoughts
    thanks

    ReplyDelete
  2. Stocks100March 24, 2011 at 12:24 PM

    Hi C,

    RIMM is the one..go with strength $$$

    Saleem

    ReplyDelete
  3. MichaelMarch 24, 2011 at 12:59 PM

    Saleem,

    Big institutions may know something that GS did not know or may be it was GS's play yesterday for its clients to get on board.

    I am already in the money in RIMM. Thanks for the pick.

    My TCK is also in the money. Thanks again.

    Michael

    ReplyDelete
  4. Stocks100March 24, 2011 at 1:03 PM

    Hi Michael,

    Thanks for your appreciative note.

    GS plays too many game & is NOT 100% right in their strategy..they are more like 40% correct....

    Saleem

    ReplyDelete
  5. cMarch 24, 2011 at 1:34 PM

    SALEEM

    RIMM is getting killed after market

    down $4 Q4 revenue was $5.56 billion, yielding EPS of $1.78.

    Analysts had been modeling $5.64 billion in revenue and $1.76 in earnings per share.

    The company sold 14.9 million BlackBerry smartphones, it said, which was toward the upper end of its projected range. Gross profit came in at 44.2%, ahead of the 43.6% reported in the prior quarter.

    For the fiscal Q1 ending in May, the company sees $5.2 billion to $5.6 billion in revenue and EPS of $1.47 to $1.55. Analysts have been modeling $5.64 billion and EPS of $1.65.

    RIM said it expects gross profit to decline in Q1 to 41.5%.

    RIM said its Q1 forecast was “wider than normal” to allow for some uncertainty surrounding developments in Japan.

    For the full year ending February of 2012, RIM sees EPS “in excess of” $7.50, well ahead of the average of $6.81.

    YEKS

    C

    ReplyDelete
  6. cMarch 24, 2011 at 2:25 PM

    S

    should we panic and sell???

    C

    ReplyDelete
  7. Stocks100March 24, 2011 at 2:44 PM

    Hi C,

    I am listening to RIMM CC & so far..i am a believer in their future plan.

    I am not selling... based on what i have heard.....

    BUT..that is me..you have to decide for your your own comfort level......

    Saleem

    ReplyDelete