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:

  1. 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

    ReplyDelete
  2. 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

    ReplyDelete
  3. 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

    ReplyDelete
  4. saleem

    very nice close today

    I almost bought AMZN back..

    ReplyDelete
  5. 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

    ReplyDelete
  6. Hey c,

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

    Stocktrader

    ReplyDelete
  7. Stocktrader,

    thank you vey much

    I still think that copper is going a lot higher

    China is expanding again more demand

    C

    ReplyDelete