US jobs data was way above consensus, 200K vs expectations of 150K.
But market was more fearful of what continues to be high bond yields in Europe.
By close only Nasdaq was in the green by 4.36 points.
Internals were mostly negative.
52 wk highs were in the lead again, 87 in NYSE & 36 in Nasdaq
Oil Down, closing @ $101.56
Gold Down, closing @ $1616.80
VIX plummeting by 3.86% @ 20.65
Portfolio is AMZN,FIO,LVS,M,RIMM,RVBD
Stocks which ended UP higher by 1% or more included AMZN,M,RIMM,
SNDK,COH,AAPL,LULU,
VMW,FFIV,CRM,APKT,JCP,
AMCC,CIEN, JDSU,FNSR,ARUN,
OCZ,STEC,MGA...
Next post by 2 PM Sunday.
BLOG does NOT give buy or sell.
Saleem
9 comments:
Hey Saleem,
No changes this week to the portfolio--a refreshing change actually :)
Positions as of close 1/6:
WWWW - 20.1%
SWC - 14.1%
OCZ - 12.7%
RVBD - 11.2%
APKT - 10.1%
BAC - 8.9%
GLNG - 8.8%
MET - 8.1%
GWMGF - 3.5%
APWC - 2.5%
Have a great weekend! :)
Stocktrader
Hi Stocktrader,
Thanks for posting your portfolio weighting. I am sure many visitors to BLOG will benefit from this info.
Idea is to help each other in a selfless manner.
Enjoy your weekend with family & little one.
Saleem
SALEEM
I like CSX here--rails should do well in 2012
here ae my posirtions
KMP -- 40%
SCCO-------30%
T----------15%
TOT------- 10%
the rest are tiny positions
ETP, EPD, GE, IVR, LINE, MO, PFE, GNK,
and last is LVS
SOLD EVEP again for a resounding return of 30% and dividend of 4.7% not to shabby.
I sold AMZN and EVEP on Friday as the market tape was perplexing me!! I like to be able to see direction and a result of not feeling good about the direction of the market ---I sold and I lost $$$$ by selling way early.
Just my ramblings
C
Hi C,
NEVER lookback except to learn from it.
We all have MISSED on many gains due to INCORRECT read on stocks or market.
I checked EVEP,SCCO & KMP....First two looks very interesting......
Saleem
Hey Saleem,
I actually have three children under five and watch them during the day, hence my availability for intraday market coverage. During the tumultuous times this year, it has been difficult to juggle both responsibilities. I hope this year in the market is overall calmer so I can devote even more attention to the family :).
Stocktrader
Hi Stocktrader,
I remember the youngest one who was born around the time of POT takeover......
Me & my wife who is from Nepal are from large family, but decided for no children as i had huge responsibility of raising 5 brothers & 3 sisters from age 19...when my father died suddenly @ age 46.....i wanted my mother to never feel that my father is not around for all her needs......
Now all of my brothers & sisters are well settled in life with children of their own...my mother lives with all of us.....
Except for one sister, everyone is in US...i am the only one in Canada.
When my father died, my youngest sister was one yr old.......so i know the feeling of bringing dreams into reality......
I am sure that 2012 will be much different ie less stressful...so you can spend "quality time" with your children & life partner.......
Saleem
Hey Saleem,
Thank you for sharing about your life experiences. I hope all is well with your family now and in the future :).
Stocktrader
SALEEM
what a very powerful and wonderful story you shared with us. Thank you.
You are a very kind person ! We are all glad to know you and your continuing to help us and be our friend
shows your generosity.....
thanks my friend
C
Hi C,
Thanks for your appreciative note.
I always lived my life for others happiness which gives me great pleasure & inner peace.
There is more to life than "narrowly defined goals"
BLOG is just an extension of who i want to be !!!!
Saleem
Post a Comment