Monday, July 25, 2011

Indices down .18% to .40%......despite failure in Washington ?

Indices are trying to ignore the usual pattern of  Washington decision making process. They will wait till Aug 2nd midnight,  declare great victory for the nation ......& play golf together ?

Internals are negative by almost 2 to 1, Nasdaq is strongest.

Gold UP $8.70

Oil Down 73 cents

Canadian $ UP 34 tick @ $105.82......near 3.5 yr high

VIX UP 7.93% @ 18.91

In my portfolio :

Sold AUY

Tripled my position in AMZN @ $213.44

Bought RVBD @ $31.60

Portfolio is AMZN,ATML,FFIV, RVBD.....

Most stocks are Down....

@ 1.45 following are green :

AUY,AAPL,JCP,CAT,CNQ,MOS,TZOO,NFLX,
NTES,VMW,SOHU,PCLN,BIDU,GOOG,MOS,
CRM,MA,V,TZOO,SU,CTRP,PWRD,CCJ,GS....

BLOG does NOT give buy or sell.

Saleem

4 comments:

c said...

S

I love AMZN and RVBD I have owned RVBD in the past

I bought both and JNJ still have 20% as cash is king

the very best to you and lets soar AMZN

Stocks100 said...

Hi C,

Good move in AMZN...expecting a beat & better than consensus guidance !!!!

Saleem

Michael said...

Saleem,

I was traveling this morning. Sold APKT premarket at 65 to book profit. I just entered the position with AMZN at 213.8, bought AH.

Hope for the best. Thanks.

Michael

Stocks100 said...

Hi Michael,

It is important to book profit in this crazy market.

AMZN move is a good one..i am overexposed in AMZN !!!!!

Saleem