Tuesday, October 18, 2011

Indices UP .72% to 1.14%.....NICE !!!!

Indices are UP, after reacting negatively to Chinese GDP data of 9.1% growth....

Can you imagine when 9.1% GDP growth is taken as negative, only on Wall Street.....?

S&P 500 went to 1191.48 which was a decline of  33.13 points or down 2.7% from its high of 1224.61.....currently @ 1214.14

Internals are positive from 2 to 1 to 4 to 1......

Oil UP $1.95

Gold Down $32.90

Canadian $ UP 75 tick @ 98.45

VIX Down 5.06% @ 31.70

Portfolio is JCP,MS,LULU,RIMM

Most stocks are UP

@ 1.15 following are Down :

LULU,CSIQ,FCX,MOS,POT,PCLN,BIDU,
SINA,AUY,GG,SLW,AAPL,AMZN,CMG,
NTES,MPEL,BWLD,ARUN,CTRP,FMCN,
SOHU,SOL,LDK,ABX,AEM,NDAQ,LVS...

BLOG does NOT give buy or sell.

Saleem

9 comments:

c said...

S

hello

keep me posted on LULU--please

I still have FCX form $34.70 just never got to sell it

I keep looking for a bigger profit!

best to all
C

Stocks100 said...

Hi C,

Do NOT worry about LULU..it has come UP from $42.18..currently @ $50.26.. move UP of $8.08 or 19.16%

IF it goes any lower I will add.

Saleem

c said...

SALEEM
thank you

I needed some comfort!

C

c said...

Saleem

this is my APPLE $355 calls for November 11
Sell tomorrow??

thoughts:
one option Qty Last Price Chg $|% Mkt Value Total Chg $
AAPL 355.00 NOV 11 C 1 69.34 +2.08 $6,934.00
it is a $2K profit! Yeks!!
thanks
C

Stocks100 said...

Hi C,

Not only sell AAPL tomorrow but @ open..with Options you can lose profit in a hurry..no need to fight for last $......

Saleem

stocktrader_1996 said...

Hey Saleem,

AAPL seems like a steal here at $393.xx. Analyst commentary should be positive for next quarter I'd imagine.

Stocktrader

c said...

S

Stocktrader

Apple did stiller this is a buying opportunity a drop--. that's all there is to it!! Hell, Apple has dropped 12-15 dollars a share several times in the last several weeks alone with just the crazy market volatility. What's a $30/share drop on temporary news- a drop in the bucket!!! BUY, BUY,BUY.
j cramer is going to diagnose APPE tonight
let see what he says
C

stocktrader_1996 said...

Hey c,

AAPL still moves too slow for me, but if it is still <$400 on open tomorrow, I'll look to see if there's something I'd sell to swap into AAPL.

Stocktrader

stocktrader_1996 said...

...but I doubt it opens below $400.