Friday, February 10, 2012

Indices closed down .69% to .80%......

Greece took the cake away from bull today.

There is all kind of economic drama going on with Greece, internal & external forces are trying to determine the fate of this nation.

S&P 500 went down to 1337.35, but closed @ 1342.64.

RSI @ 67.42

Internals were :

Down volume led by 4.12 to 1 in NYSE & 3.62 to 1 in Nasdaq

Declining stocks led by 3.08 to 1 in NYSE & 2.94 to 1 in Nasdaq

52 wk highs still held the lead, 73 in NYSE & 37 in Nasdaq

Oil closed @ $98.67

Gold closed @ $1725.30

VIX Jumped 11.59% @ 20.79

Portfolio is AMZN,RVBD,RIMM,CNQ

Here is my weighting as of tonight :

AMZN 30.58%

RVBD 25.86%

RIMM 22.87%

CNQ 20.69%

Stocks which closed green today included AMZN,
COH,AAPL,WPRT,CRM,PCLN,FIO,BWLD,V,
JDSU.....

Next post by 2 PM Sunday.

BLOG does NOT give buy or sell.

Saleem

5 comments:

stocktrader_1996 said...

Hey Saleem,

Current portfolio is as follows:

LEN - 12.4%
GLNG - 12.0%
CF - 11.6%
KOG - 9.9%
RVBD - 9.9%
APKT - 9.9%
MU - 9.8%
GHDX - 9.0%
GGC - 8.5%
GWMGF - 3.7%
APWC - 2.5%
(cash) - 0.8%

I made some moves this week swapping out some tired charts and ideas for fresher ones, specifically trying to get my technology exposure higher with the great price action we've seen there.

Have a great weekend! :)

Stocktrader

Stocks100 said...

Hi Stocktrader,

Excellent thought process & analytical approach to better your portfolio.

Enjoy your weekend!!!!

Saleem

c said...

Saleem
Good news on Copper
Hurray

UP up away!!!!!!!!!
http://www.individual.com/storyrss.php?s...
http://www.bloomberg.com/news/2012-02-10...
http://www.kitco.com/reports/KitcoNewsMa...
http://copperinvestingnews.com/9758/chin...
http://www.washingtonpost.com/business/e...
http://www.businessweek.com/news/2012-02...
http://www.businessweek.com/news/2012-02...

all thoughts are appreciated.
C

Stocks100 said...

hi c,

what is the news

saleem

c said...

SALEEM

so sorry, price of copper is UP!!

the rest my links are supporting web sites on copper prices..

Enjoy to all
C