Tuesday, January 17, 2012

Chinese GDP growth of 8.9% lifts market......NICE !!!!

Chinese GDP came in better than expected 8.7%, actual was 9.9%.

German data was also better than expected.

Above two key data was enough to lift gloom from world markets.

Indices are currently UP .71% to 99%

Internals are UP better than 2 to 1

Oil UP $1.68

Gold UP $24.20

Canadian $ UP 32 tick @ 98.50

VIX UP 1% @ 21.12......

In my portfolio :

Added 70% COH @ $62.22

Portfolio is AMZN,CNQ,CMG,COH,LVS,RIMM,RVBD

Here is my real time portfolio weighting :

CMG 18.98%

AMZN 17.94%

RIMM 15.82%

LVS 14.56%

COH 12.32%

CNQ 10.63%

RVBD 9.75%

Most stocks are UP

@ 2.21 following are RED :

CMG,RVBD,AUY,LULU,GG,VMW,FFIV,BWLD,
JCP,NTES,MS,C,NVDA,KGC,ABX,AEM,BJRI,
SNE,GS......

BLOG does NOT give buy or sell.

Saleem

7 comments:

c said...

SAKEEM

CNQ is a oil and Nat gas company

I always lump them together

Sorry for confusion in my posting.....
I Post to keep people up to date in what I am doing --which is different than others as I look for divi plays..

best to all

Stocks100 said...

Hi C,

I do know CNQ inside out, that is why i trade it....there is no confusion about stocks i own.

I do not know majority of your divi plays..as i am not into dividend.

Saleem

c said...

SALEEM

thanks for sharing

that is what you do for us

THe one I own are MLP which is way confusing

I bought CNQ because you did and I am glad that I piggy backed

Sold amazon at $183

c said...

saleem

very nice close today

I almost bought AMZN back..

c said...

Saleem

I will no longer post to the blog

I t seems to me that what I offer is inappropriate here

i will however, visit and read your blog and look at your recommendations and ideas.

C

stocktrader_1996 said...

Hey c,

I like what you have to say--please reconsider :)

Stocktrader

c said...

Stocktrader,

thank you vey much

I still think that copper is going a lot higher

China is expanding again more demand

C