Tuesday, April 5, 2011

Constructive close in indices despite China raising rates....

Nasdaq mangaed to close in green, while Dow & S&P 500 slightly lower.Not bad considering 4th interest rate hike in China.

Nasdaq closed UP despite slumping GOOG & AAPL based on anti-trust concerns & rebalancing.

Internals of the market were positive.

Stocks which were UP 2% or more included SLW,BWLD,M,LVS,LULU,
TCK,CIEN,FNSR,JASO,
SNDK,AG,TZOO,APKT.....

AH AMSC warned about horrendous revenue shortfall, stock down 40.19%....

AH futures UP

AH Asian Markets UP

AH Gold & Silver UP

AH Oil down

BLOG does NOT give buy or sell.

Saleem
at

9 comments:

  1. cApril 6, 2011 at 4:38 AM

    S

    J Cramer love silver and GOLD

    Says more upside to come use SLW to buy the silver!

    He said buy ETP, MWE

    GP POT and BIDU!!!!!!!!!!!! up in pre market
    C

    ReplyDelete
  2. Stocks100April 6, 2011 at 5:34 AM

    Hi C,

    You can buy SLW or AG both great silver stock.

    YES...pre-market is looking good $$$

    Saleem

    ReplyDelete
  3. cApril 6, 2011 at 6:42 AM

    S

    ANy news on AG

    POT dropped like a rock

    ReplyDelete
  4. Stocks100April 6, 2011 at 6:59 AM

    Hi C,

    MON ER came out this AM..not as rosy as expected...

    Saleem

    ReplyDelete
  5. cApril 6, 2011 at 7:02 AM

    S

    wow I never expected MON to blow it

    Ouch

    Do we hold or fold on POT

    thanks

    ReplyDelete
  6. Stocks100April 6, 2011 at 7:36 AM

    Hi C,

    POT ER was good last Q...so no need to worry.

    Saleem

    ReplyDelete
  7. cApril 6, 2011 at 9:14 AM

    S


    the shorts are out in droves today

    BIDU is creamed!!!
    Ouch

    sold some POT as I dislike seeing my profits erode

    Best of luck to all

    ReplyDelete
  8. cApril 6, 2011 at 9:58 AM

    S

    BIDU down ward spiral is gotta be

    Pure profit taking. Look at the charts. All time highs recently achieved. Some people want access to the cash so they sell it. Good time to set a trailing buy order and get in just after they start rebounding.

    Look at the financials, all is still solid. Good profit, assets over liabilities are handled by a large margin and low debt. If this keeps up, it will keep going up. Look for lower price points to lock in profits with the trailing buy order as mentioned.

    Just a thought

    ReplyDelete
  9. Stocks100April 6, 2011 at 10:01 AM

    Hi C,

    Locking POT profit is alway's good.

    Saleem

    ReplyDelete