Indices are green after holding support in S&P 500.
S&P 500 had a higher low today.
Economic news were encouraging in US with improving jobless claims.
Oil UP $2.01
Gold Down $36
Canadian $ UP 71 tick @ 98.30
VIX Down 9.6% @ 32.69..this is a very desirable TAPE for bulls, looks very good. Bodes well for close?
In my portfolio :
Sold TLM
Sold JCP
Bought BIDU @ $135.90
Added 125% MS @ $15.90
Portfolio is BIDU,MS,POT,PCLN
Most stocks are UP
@ 2.15 following are RED :
PCLN,POT,AAPL,LVS,EGO,JKS,TSL,NFLX,
AMZN,OTEX,MOS,WYNN,LULU,NTES,GG,
CMG,MPEL,BWLD,GOOG,CRM,RIMM,CSIQ,
FNSR,C,ARUN,FMCN,KGC...
BLOG does NOT give buy or sell.
Saleem
9 comments:
Hey Saleem,
It feels good when you make choices that immediately pay dividends. The two stocks I sold yesterday, ACI and CTSH, are both down again today, while the ones I bought, FRO and GNK, are both up nicely.
I hope other readers are also doing well today :).
Stocktrader
Hi Stocktrader,
FRO & GNK are UP huge $$$$$
No..we are not doing well...RED is the color....
Saleem
Hey Saleem,
BAC and AAPL are my only two stocks down today just like last Friday. I should have taken it as a sign then, but should I take it as a sign now? Can I really sell them this low?
Stocktrader
Hi Stocktrader,
Selling @ loss is always difficult, but IF sentiment is not positive, then it could be a long wait for profitability.
Saleem
Stocktrader
YOU gotta say that you beet the pants off J Craamer
as he said BUY BUY BUY NAT!!!!!!!!
YOU did it--great.. way to go..
I was going to get NAT but bought EVEP/
I may still get NAT--dunno
What are the ship rates?? thanks
I bought INTC,
have a good one.
Saleem thank you for your blog and sharing it with us
Hey c,
Shipping rates crashed in the prior two weeks but have stabilized and are now rallying off the bottom this week for both dry bulk and oily. I do not have enough edge to predict shipping rates going forward, but the rates ticking up coupled with some great price and volume action I saw yesterday midday in the face of a huge market selloff got me involved.
Good luck with your decisions! :)
Stocktrader
Saleem
Shipping rates took a turn UP!!
So rates are up and stock price too!
fgood call stocktrader
Here is Ship rates :
http://www.dryships.com/pages/report.asp
S
It looks as if T may get Mobil after all
this may signal a buy???
thoughts
Hi C,
Dont follow that sector @ all.
Saleem
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