Thursday, November 10, 2011

Indices UP .35% to 1.15%......NICE !!!!!

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:

stocktrader_1996 said...

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

Stocks100 said...

Hi Stocktrader,

FRO & GNK are UP huge $$$$$

No..we are not doing well...RED is the color....

Saleem

stocktrader_1996 said...

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

Stocks100 said...

Hi Stocktrader,

Selling @ loss is always difficult, but IF sentiment is not positive, then it could be a long wait for profitability.

Saleem

c said...

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

stocktrader_1996 said...

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

c said...

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

c said...

S

It looks as if T may get Mobil after all
this may signal a buy???

thoughts

Stocks100 said...

Hi C,

Dont follow that sector @ all.

Saleem