Tuesday, February 14, 2012

Indices down .42% to .55%.....

Indices are down, as there is no positive catalyst today.

Internals are negative by minimum 2 to 1.

Oil down 7 cents

Gold down $3.30

Canadian $ Down 1 tick @ 99.93

VIX UP 7.2% @ 20.41

Portfolio is AMZN,CNQ,RIMM,RVBD

Most stocks are down

@ 1.25 following are green :

RVBD,MU,AAPL,WYNN,LVS,COH,WPRT,
SNDK,PCLN,FIO,NTES,FFIV,BIDU,V,CIEN,
ARUN,GSVC,KOG......

BLOG does NOT give buy or sell.

Saleem

9 comments:

  1. S

    Amazon is selling off

    bad news or just a set back

    Thanks

    ReplyDelete
  2. Hi C,

    AMZN is a volatile stock..buy on dip & sell on strength.....


    Saleem

    ReplyDelete
  3. Hey c,

    I think the shippers have just gone completely short squeeze similar to what the solars did. I don't think the fundamentals support this move given the new shipbuilding continues to put pressure on the dayrates. Be careful please :).

    Stocktrader

    ReplyDelete
  4. Stocktrader
    Saleem
    Thank YOu for the information and concern--much appreciated
    YOU are totally correct
    But I took a small position (500 shares ) as I too am concerned about the shipbuilding situation--(to manny new ships being built and to many oldies.

    If ya can look at fast money last night they did a bang up job explaining the theory for the move up.
    D Gartman said he put a major buy in$$$$!
    I amy get some amazon today
    I just have no luck buying it, and as for selling it to soon....

    C

    ReplyDelete
  5. Hey Saleem,

    Great day for my portfolio--I've been well green all day. GLNG, MU, and KOG all up over 5% with some other gainers sprinkled in there (including a great $12.59553 SWC buy intraday).

    CF to release numbers still tonight--let's hope they don't ruin the party!

    Stocktrader

    ReplyDelete
  6. Hi Stocktrader,

    YES..your buy of SWC was outstanding..performed great...

    Your due diligence is beating markets handily......

    I was down .89% in stocks...CAD impact will be known @ around 5.15PM....its based on futures closing price.

    Saleem

    ReplyDelete
  7. Hey Saleem,

    I got my days mixed up! Today is only the 14th haha--no CF tonight.

    Stocktrader

    ReplyDelete
  8. Hi Stocktrader,

    CF earnings are when?

    Saleem

    ReplyDelete
  9. Hey Saleem,

    The 15th after the bell--which is tomorrow, not today...Oops! :)

    Stocktrader

    ReplyDelete