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
9 comments:
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
Hi C,
You can buy SLW or AG both great silver stock.
YES...pre-market is looking good $$$
Saleem
S
ANy news on AG
POT dropped like a rock
Hi C,
MON ER came out this AM..not as rosy as expected...
Saleem
S
wow I never expected MON to blow it
Ouch
Do we hold or fold on POT
thanks
Hi C,
POT ER was good last Q...so no need to worry.
Saleem
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
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
Hi C,
Locking POT profit is alway's good.
Saleem
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