Indices are mixed now, after being down.
Nasdaq showing renewed strength.
S&P 500 went down to 1341.95, high was 1351.00
Internals are mixed
Oil UP 5 cents
Gold Down $18.10
Canadian $ Down 15 tick @ 100.40
VIX UP 3.23% @ 18.22
Portfolio is AMZN,CNQ,RIMM,RVBD
Most stocks are down
@ 1.54 following are UP
AMZN,AAPL,WYNN,GOOG,CLF,COH,
FCX,AGU,LVS,GSVC,WPRT,SNDK,
PCLN,FIO,MPEL,BIDU,BWLD,MA,V,
TSL,JCP,MU,NVDA,NYX,NDAQ,KOG,
BRCM,C......
BLOG does NOT give buy or sell.
Saleem
10 comments:
Saleem,
I see you have RVBD and CNQ on your current holdings. RVBD even if down, seem to be behaving well in the down market. CNQ to me looks like can go down further.
I was thinking of buying few RVBD and CNQ based on the price points. Are these stocks at a good entry point from your perspective.
Thanks
Param
Hello Saleem
Any new directions for stocks to buy
I loaded up on EXC
FCX and SCCO are my metal plays --up 1.4%
Amazon and CNQ are my lets rock plays
Thanks fro all you do for us
C
Hi Param,
I have very HIGH comfort level with RVBD & CNQ.....
CNQ has been weak for 2 day's..because they had to shut down output due to unscheduled maintenance..they have said that this will NOT affect this year planned output.
Your cost for both RVBD & CNQ will be lower than mine......
Saleem
Hi C,
Thanks for your feedback.
I say hold off new buying as you have enough exposure....good to have cash for better deal....
Saleem
Hey Saleem,
I am considering taking profits on AAPL also. Although I think any pullback will likely be slight, I think the chance for further move up is diminishing for now unless a surprise shareholder distribution announce comes.
Stocktrader
Hi Stocktrader,
AAPL RSI @ 80.52......need i say more...
Good luck with your decision.
Saleem
Stocktrader
J cramer says APPLE is over bought here
So take that as one indicator! I love apple but it is price for perfection IMHO
get some RVBD or my copper play--just my .02 cents
C
Hey c,
On a pullback, GGC, APKT, RVBD, MU, and CLF are on my radar. I have my base metal exposure already with SWC :).
Stocktrader
Hey Saleem,
I did end up selling AAPL at $475.98--I have 37.2% cash now and I'm comfortable with the remaining positions I do have.
Stocktrader
Hi Stocktrader,
Excellent trade in AAPL.....
Lot of buying power.
Saleem
Post a Comment