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

10 comments:

stocktrader_1996 said...

Hey Saleem,

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

Stocktrader

Stocks100 said...

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

c said...

SALEEM

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

Market is looking red for today

C

Stocks100 said...

Hi C,

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


Saleem

c said...

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

Stocks100 said...

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

stocktrader_1996 said...

Hey Saleem,

Sold MU at 8.20144, bought WPRT at 43.65374.

Stocktrader

Stocks100 said...

Hi Stocktrader,

This swap is a very good move.

Good luck with WPRT$$$$$

Saleem

c said...

SALEEM

Looking at LVS

Should we buy it??

THanks and have a great day
C

Stocks100 said...

Hi C,

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

Saleem