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

6 comments:

c said...

S

an outstanding pick


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

You got amazing timing--my friend

Stocks100 said...

Hi C,

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

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

Saleem

c said...

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

Stocks100 said...

Hi C,

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

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

Saleem

Michael said...

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

Stocks100 said...

Hi Michael,

Excellent trade in SINA.

AMZN is stronger than NFLX....

Saleem