Friday, April 1, 2011

Dow @ new high....NICE !!!!

All indices are UP as jobs data came in better than expected.Unemployment is now @ 8.8% lowest since March of 09...we all know what happened in March of 09.....stock market hit the lowest point.....

Dow made it into record book by vaulting UP to 12,419.71 which is way higher than previous high of 12,391.29....

S&P 500 & Nasdaq are next to hit the record book.

Oil UP 79 cents to record level of $107.51

Gold Down $9.70..still @ $1429.20

Canadian $ UP 62 tick @ 103.72 a new 4 yr high.....

In my portfolio :

Bought a tiny position of SOL @ $10.42

Portfolio is JKS,POT,SOL,RVBD,SLW.....

Most stocks are UP

@ 1.54 following are RED :

RVBD,JKS,SOL,SLW,FFIV,APKT,FSLR,PLCM,
AAPL,RIMM,MU,CREE,AMCC,JDSU,FNSR,CIEN,
JASO,STP,SNDK,CRUS,ARUN,NVDA,GG,CSIQ,
ICE,BRCD,AEM,TSL,ABX,SPWRA,GNK.....

Cloud stocks are under pressure due to many analysts notes,
some downgrading or reducing targets.As i have noted in my
analysis Japan MAY be a downer for many techs due to their
"extraordinary impact" caused by many calamities.Analysts are
saying that FFIV ER may MISS & further guide LOWER.
RVBD being mentioned due to "valuations issue". I personally
believe that this JAPAN factor has been discounted NOW.

BLOG does NOT give buy or sell.

Saleem

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