Thursday, May 19, 2011

Indices green, despite negative LEI....NICE !!!!

Market is showing real resiliency by ignoring first negative LEI since last June. All indices are green.

Internals are positive.

More new 52 wk highs in NYSE & Nasdaq.

IS MAY curse over ?

Gold Down $4.10

Oil Down $ 1.10

Canadian $ UP 9 tick @ 103.20

VIX Down 2.03% @ 15.90..lowest level in days...pointing to a stronger market !!!!

In my portfolio :

Bought SVM @ $10.10....a profitable silver producer

Portfolio is APKT, CCJ, LULU, SVM, TZOO

Most stocks are UP

@ 1.10 following are RED :

LULU,SVM,CCJ,AG,CNQ,RIMM,LDK,JKS,
TSL,PLCM,ALTR,MOS,IBN,V,JASO,STP,
SOL,BAC,SNDK,NVLS,NVDA,IGTE,ASIA,
TCK,CTRN,FSLR,TTM,GNK,GS,SNE....

BLOG does NOT give buy or sell.

Saleem

2 comments:

psrajpal said...

ARUN, BRCD and CRM came out with good numbers after hours.

FFIV and RVBD may provide solid boost to my ailing portfolio tomorrow.

I like the silver play that you bought. Seems like a safe bet.

Thanks for Sharing.

Stocks100 said...

Hi Paramjeet,

RVBD is extremely strong these days..looks like it may want to make new highs........

Silver is "deeply oversold"...ready to resume its march upwards.....

Good luck with RVBD,FFIV.....

Saleem