Indices are doing their usual thing of being UP, after 1 day of pullback.
S&P 500 high so far is 1365.79, only 12.26 points away from making another high in 2012.
Internals are positive by minimum 2 to 1.
Oil UP 69 cents
Gold UP $14.80
Canadian $ UP 66 tick @ 100.88
VIX taking another hit, Down 6.14% @ 17.90
In my portfolio :
Bought OTEX @ $59.49
Portfolio is AMZN,CNQ,LEN,MS,OTEX,RIMM,RVBD
Here is my weighting as of 10 minutes ago :
AMZN 21.84%
RVBD 18.05%
RIMM 17.92%
CNQ 13.86%
MS 10.80%
OTEX 9.95%
LEN 7.58%
Exposure 140%
Most stocks are UP
@ 1.35 following are RED :
NVDA,JCP,SNE....
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hey Saleem,
It looks we could melt up through close as well as good data from China could help overnight futures. I probably should have held on a little longer, but I got some decent prices. I expect sell on the news tomorrow especially if we are up more this afternoon and futures rise again overnight.
It is hard to find a good reason to be out of the market right now.
Stocktrader
Hi Stocktrader,
Market is on firm footing for a long time.
I was stuck with "majority of bad picks"...but being a Taurus..i decided NOT to make any changes.
Hopefully my patience & perseverance will pay off.
It is important to have your OWN market analysis.
Saleem
SALEEM
I am 90% invested
I am looking at LINN, MCD and perhaps APPLE in a pull back.
Gotta laugh J the Cramer says he was wrong to say sell all--Claims that Grease is better now and job numbers should be v good tomorrow, so their!
more good things to come IMHO
C
Hi C,
Jimmy the Cramer "market has changed for the worse" call has to be his lowest point......he had no choice BUT to admit..."he was more than WRONG in his sell call"
Good luck with your pick.
Saleem
Post a Comment