Friday, November 11, 2011

Indices ran UP on positive data & major progress in Italy....NICE !!!!

Indices got the lift which it needed on two fronts, economic data were strong & major budgetary progress made in Italy.

Indices jumped 1.95% to 2.19%

Internals of the market were strong as listed below :

UP volume led by 12.68 to 1 in NYSE & 7.55 to 1 in Nasdaq

Advancing stocks led by 6.03 to 1 in NYSE & 3.72 to 1 in Nasdaq

VIX tumbled 8.41% to close @ 30.05

Oil Closed @ $98.99...Cramer watch out, here comes $100, the question is , what will he say ?

Gold closed @ $1788.10

Canadian $ UP 57 tick @ 98.92

In my portfolio :

Sold POT

Bought RVBD @ $28.55


Bought LVS @ $45.94

Portfolio is BIDU,LVS,MS,PCLN,RVBD

$ weighting of my portfolio is :

MS 31.92%

PCLN 31.21%

LVS 19.90%

RVBD 8.91%

BIDU 8.06%

Stocks which were UP 3% or more included MS,LVS,
EGO,TSL,BRCD,NFLX,AMZN,WWWW,SNDK,JCP,
WYNN,GG,VMW,FFIV,SLW,BWLD,RIMM,CIEN,
SINA,SOHU,SOL,CLF,ABX,KGC.....

BLOG does NOT give buy or sell.

Next post on Sunday by 2 PM.

PS...Friday is one post only after close, but i am available for any feedback entire trading day.

Saleem

2 comments:

c said...

HELLO Saleem
What a beautiful day.

So sorry, yesterday my internet modem crashed

I am up now--I missed a market correction.

I still own APPLE was planning on selling Friday but alas no internet!

Any reason for selling our beloved POT???? I am red with it but I am expecting more action from it.
Friday was not real strong action--sold off from the high of $47.

Here are a couple of stocks that I would like to buy: MRK, EOG WES FLR SLRC

Stocks100 said...

Hi C,

Welcome back online......

POT was not behaving well for a while...thus my exit...idea is to grow money not lose......

AAPL has too much negativity all of a sudden ...orchestrated or real?

Good luck with your buy list.

Saleem