Tuesday, February 21, 2012

Mixed close today.......

Indices traded positive, then ended mixed, after dipping lower.

Internals were mostly negative.

New 52 wk highs were in the lead, 150 in NYSE & 88 in Nasdaq.

Oil closed @ $105.84 March contract , & $106.25 in April contract.

Gold closed @ $1758.50

VIX closed @ 18.19, UP 2.31%

Stocks which were UP 1% or more included CNQ,
FCX,TCK,MOS,CF,AAPL,GG,AUY,SLW,TSL,
M,C,SWC,WYNN,GOOG,WPRT......

AH ER / News :

YGE Down 8.52%

CSIQ UP 8.37%

HLF UP 3.95%

BRCD UP 6.00%

INTU UP 3.44%

AH Futures Down

AH Asian Markets Down

AH Oil & Gold Down

About market, Indices are all in strong bull mode, BUT Risk / Reward ratio needs to be monitored @ these level. It is important to have HIGH comfort level irrespective of exposure. It is NOT important to focus on being right, BUT on preserving gains.

BLOG does NOT give buy or sell.

Saleem
at

10 comments:

  1. stocktrader_1996February 21, 2012 at 9:43 PM

    Hey Saleem,

    WPRT preannounced nice numbers but also is pursuing a secondary offering. This might be my chance to get back in.

    Stocktrader

    ReplyDelete
  2. Stocks100February 22, 2012 at 4:17 AM

    Hi Stocktrader,

    They announced a contract yesterday with Cummings?

    WPRT is a very good stock based on my close monitoring.

    Good luck with your buy.

    Saleem

    ReplyDelete
  3. cFebruary 22, 2012 at 4:19 AM

    SALEEM

    KFT is awesome! stellar earning !!!!!!!!!!
    wow --get some for the split!

    Market is looking red for today

    C

    ReplyDelete
  4. Stocks100February 22, 2012 at 4:25 AM

    Hi C,

    KFT & others are good dividend stocks.....i am trying for growth only.


    Saleem

    ReplyDelete
  5. cFebruary 22, 2012 at 5:50 AM

    SALEEM

    I do know that you have a growth only attitude

    I am just sharing a success story of mine
    Even a blind squirrel, like me, finds an acorn sometimes.......

    Have a great day all

    ReplyDelete
  6. Stocks100February 22, 2012 at 5:56 AM

    Hi C,

    YES...i have never thought of dividend as my reason to buy any stock....

    Divident is good for many investors, it is a successful strategy.

    Good luck with your many finds in dividend world.

    Saleem

    ReplyDelete
  7. stocktrader_1996February 22, 2012 at 6:42 AM

    Hey Saleem,

    Sold MU at 8.20144, bought WPRT at 43.65374.

    Stocktrader

    ReplyDelete
  8. Stocks100February 22, 2012 at 6:51 AM

    Hi Stocktrader,

    This swap is a very good move.

    Good luck with WPRT$$$$$

    Saleem

    ReplyDelete
  9. cFebruary 22, 2012 at 9:40 AM

    SALEEM

    Looking at LVS

    Should we buy it??

    THanks and have a great day
    C

    ReplyDelete
  10. Stocks100February 22, 2012 at 10:43 AM

    Hi C,

    As this is a strong bull market, anything which looks strong works....on that theory LVS is OK.

    Saleem

    ReplyDelete