Indices are UP from opening bell, based on Chinese Trade Data. Optimism about upcoming earning reports are also playing a role in green TAPE.
Internals are positive by minimum 3 to 1.
New 52 wk highs are also in the lead, 151 in NYSE & 92 in Nasdaq.
S&P 500 high today is 1296.46, RSI 63.48
Gold UP $24.60
Oil UP $1.31
Canadian $ UP 70 tick @ 98.37
VIX Down 2.33% @ 20.58
In my portfolio :
Sold FIO
Sold M
Sold 33% RIMM
Bought CMG @ $340.71
Bought COH @ $61.82
Portfolio is AMZN,CMG,COH,LVS,RIMM,RVBD
Here is my $ weighting real time :
CMG 22.52%
AMZN 21.98%
RIMM 17.31%
LVS 16.95%
RVBD 12.25%
COH 8.99%
Market exposure 116%
Most stocks are UP
@ 2.15 following are Down :
CMG,COH,RVBD,OCZ,FIO,SNDK,FFIV,GOOG,
JCP,V,JDSU,CIEN,FNSR,OTEX,ULTA,AMCC,
EGO.....
BLOG does NOT give buy or sell.
Saleem
12 comments:
Hey Saleem,
I like the COH buy on the TIF-related weakness :).
Stocktrader
Hi Stocktrader,
IF COH can do what LULU did , i will be a happy person.
What the hell happened to FIO?
Saleem
14:23 EDT OCZ, MRVL, FIO
theflyonthewall.com:
OCZ Technology in the IBM agreement though Marvell, says Craig-Hallum
Subscribe for More Information :theflyonthewall.com
^ This information is provided for free.
Saleemm
COH is one of my Fav's
see this
Coach (COH) Breaks Through Support at $62.09
1 hours 8 minutes ago - Financial News Network Online - Pivot Alerts
Coach (NYSE:COH) has opened bearishly below the pivot of $62.86 today and has reached the first level of support at $62.09. Should the shares continue to fall, the support pivots of $61.31 and $59.76 will be of interest.
best of luck another good pick
C
Hi Stoktrader,
Thanks for the news....
MRVL OCZ news came 2 days before ER......
Saleem
Hi C,
I am buying COH on technical support @ 50 DMA.....
Saleem
Hey Saleem,
The way OCZ addressed the MRVL relationship on the CC was that MRVL would be getting OCZ in the door with MRVL's clients. The IBM deal is apparently a client win based on the OCZ-MRVL relationship already.
Stocktrader
Hi Stocktrader,
On OCZ board, there is a news item which says that FIO is being hit..because OCZ is going to get FACEBOOK contract @ CES...that will be HUGE...
Saleem
SALEEM
why does Amazon jump so much??
Best regards
C
Hi C,
AMZN is trying to discount all the competitive pressure.
Once it has formed a solid base...UP we go...hopefully.
Saleem
SALEEM
as always good feedback!!!!!!!!
and you made some excellent buys today
WOW
Any thoughts on TNH??
C
Hi C,
TNH is having a high volume reversal..which is not a good thing.
Also RSI is high..now 71.37....
Saleem
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