Wednesday, April 13, 2011

All Indices closed green.....NICE !!!!

Indices showed its strength by closing green.This was not an easy task based on reaction to JPM ER.

Financials are expected to be challenged. Once job growth is in overdrive then loan growth will come. It is wait & see attitude for now.

Internals of the market were mostly positive.

VIX Down .99% @ 16.92..giving indication that indices poised to go higher.....

Stocks which were UP 3% or more included BIDU,LULU,SOL,TSL,AG,
PLCM,IBN,SOHU,SINA,
RVBD,ARUN,JKS,CIEN,FNSR......

GOOG reporting AH, should be above expectations & commentary to be upbeat.

AH Futures Down

AH Asian Markets Mixed

AH Oil,Gold & Silver UP

BLOG does NOT give buy or sell.

Saleem

6 comments:

c said...

Morning S

I got SINA just small piece

Looking for another buy!

Why is May a good time to buy APPLE//

thanks

c said...

Saleem

SINA was talked about by Cramer
SIAN is on FIRE today-----yes..

Cramer said SINA is a GREAT trade--BIDU is an investment

And these are the only 2 Chinese stocks he recommends

Stocks100 said...

Hi C,

SINA is looking very good $$$$$

May 2nd is the day AAPL will rebalance...SO after May 3 it MAY be a good time to buy..after all the rebalancing selling is out of the way.....

Saleem

c said...

S

Oh ok

I did not know that rebalancing thing

APPLE is on a slipper slope right now


thanks for reply

very best to you and all visitors

c said...

S

Oh ok

I did not know that rebalancing thing

APPLE is on a slipper slope right now


thanks for reply

very best to you and all visitors

c said...

S

Oh ok

I did not know that rebalancing thing

APPLE is on a slipper slope right now


thanks for reply

very best to you and all visitors