Friday, May 6, 2011

Indices UP from .49% to .69% on Jobs Data......NICE !!!!

Indices good a boost on better than expected Jobs Data.

As expected, Nasdaq is doing better than other indices.

Gold UP $4.30

Oil Down 56 cents

Canadian $ UP 17 tick @ 103.61...Canadian Job growth was "twice" as expected + 58,300.

VIX UP 1.21% @ 18.42...this is NOT good indicator for any bull move ?

In my portfolio :

Bought RENN @ $16.65

Portfolio is APKT,LULU,RENN,SINA.....

Most stocks are UP...

@ 1.18 following are RED :

RENN,PCLN,RIMM,PLCM,M,LEN,AKAM,
CIEN,IGTE,AMCC,CTRN,CCJ,AEM,ABX,
GS....

BLOG does NOT give buy or sell.

Saleem

6 comments:

Anonymous said...

Hi Saleem.

Followed you with RENN. Still holding APKT, SXCI & ARW. Lets hope for a strong close.

Victor

Stocks100 said...

Hi Victor,

Good luck with RENN...it is going to surprise many in its UP move...

Saleem

Michael said...

Saleem,

Missed the move up. Anyway, I tipped in with RENN with short-term target @20. I think we have down side risk protected at 14. Thanks.

Michael

Stocks100 said...

Hi Michael,

RENN...i am extremely positive @ current price..FROTH is completely out after $24 runup.

You will get a better entry point in other purchases...VIX was telling me that today will be SHAKY.....

Saleem

c said...

S

the market is really mess up right now
Greece has thrown a curve ball

Commodities are NOT hot now
FCS is off as are oils
we need to stabilize a little IMHO

I did buy more EVEP and FCX copper and gold are good to own

Stocks100 said...

Hi C,

Market being messed up only means opportunities.....

Buy whatever looks right to you.

Saleem