Tuesday, June 7, 2011

Indices UP .53% to .66%..ahead of Fed speak.......NICE !!!!

Indices are all UP, thanks to "thick pessimism" created by CNBC.

Ben Bernanke will speak @ 3.45 PM...text maybe released before that. Ben Bernanke is expected to tone down "negativity" by CNBC gurus.

Internals are positive by 2 to 1

More new 52 wk highs in NYSE

Gold Down $7

Oil Down 64 cents

Canadian $ UP 61 tick @ 102.61

VIX Down 4.6% @ 17.64

In my portfolio :

Bought AMZN @ $185.95

Portfolio is AMZN,CCJ,LULU,TZOO

Most stocks are UP

@ 1.15 following are RED :

TZOO,AAPL,WYNN,BWLD,RIMM,
APKT,SOHU,CRM,C,SLW,BIDU,
FMCN,SINA,PWRD,AG,KGC,GS,
SNE.....

BLOG does NOT give buy or sell.

Saleem
at

6 comments:

  1. cJune 7, 2011 at 10:42 AM

    S

    an outstanding pick


    AMAZON, wow up a lot already
    Great!!!!!!!!!

    You got amazing timing--my friend

    ReplyDelete
  2. Stocks100June 7, 2011 at 10:48 AM

    Hi C,

    Thanks for your feedback...sometimes it works !!!

    AMZN should make new 52 wk highs..had a good rest for few weeks...

    Saleem

    ReplyDelete
  3. cJune 7, 2011 at 11:16 AM

    S

    As I stated previously

    I got CAT and TZOO
    both ate NOT on fire!!
    On Fire:

    FFIV--hot
    CMG--hot
    NFLX--hot

    I guess that I got no timing at all
    thanks for your reply

    ReplyDelete
  4. Stocks100June 7, 2011 at 11:21 AM

    Hi C,

    I am glad you are analyzing HOT stocks.....

    I say buy NFLX..which is looking good !!!

    Saleem

    ReplyDelete
  5. MichaelJune 7, 2011 at 1:21 PM

    Saleem,

    I bought SINA at 102.5 and sold it at 106.2 (too early) for a quick trade. Looking hard at NFLX and AMZN. Thanks.


    Michael

    ReplyDelete
  6. Stocks100June 7, 2011 at 4:22 PM

    Hi Michael,

    Excellent trade in SINA.

    AMZN is stronger than NFLX....

    Saleem

    ReplyDelete