Wednesday, May 4, 2011

Indices Down .62% to .76%.......

Indices are reacting to economic reports showing slower job growth & service sector......

S&P 500 went to 1341.50 where it found many buyers.

Markets are coming back, hopefully margin call selling is done.

Oil Down $1.99

Gold Down $33

Canadian $ Down 53 tick @ 104.39

VIX @ 17.12 UP 2.51%

In my portfolio :

Bought APKT @ $72

Added 20% SINA @ $116.10

Portfolio is APKT,LULU,POT,SINA......

Most stocks are Down

@ 1.50 following are GREEN :

GOOG,AAPL,RENN,NTES,AMZN,
M,NVLS,ASIA,IAG,IGT.....

AGU ER was not well received, stock down 4.47% after improving.

BLOG does NOT give buy or sell.

Saleem
at

4 comments:

  1. AnonymousMay 4, 2011 at 11:24 AM

    Here they come. Saleem, your thoughts about ARW and NXPI? Thanks.

    Victor

    ReplyDelete
  2. Stocks100May 4, 2011 at 11:44 AM

    Hi Victor,

    I have never followed those stocks.

    Saleem

    ReplyDelete
  3. stocktrader_1996May 4, 2011 at 12:23 PM

    Hey Saleem,

    I'm taking a beating on AGU today, but I like their commentary in regards to the low Q2 guidance and overall story. I'm holding on! :)

    Stocktrader

    ReplyDelete
  4. Stocks100May 4, 2011 at 12:30 PM

    Hi Stocktrader,

    AGU is coming back..now down 3.69%..

    All Ag stocks are beaten down as they are all guiding low ..to be realistic & beat the consensus.

    Saleem

    ReplyDelete