Tuesday, March 13, 2012

Indices UP .88% to 1.08% on Fed statement re global financial strain...

Fed is categorically saying for the first time, that global financial strains have eased.

Indices went to highs of the day after fed speak.

Internals are UP minimum 2 to 1

Oil UP 51 cents

Gold Down $5.70

Canadian $ UP 22 tick @ 100.98

VIX went to 5 year low @ 13.99, currently UP 1.66% @ 15.90

Portfolio is AMZN,CNQ,LEN,MS,OTEX,RIMM,RVBD......

Most stocks are UP

@ 2.30 following are red :

AMZN,LULU,BWLD,GG,MA,V,JCP,
M,FIO,ABX,KGC,BJRI.....

BLOG does NOT give buy or sell.

Saleem

6 comments:

  1. SALEEM

    MS a pop of over 4%
    Whoo who what a screaming run
    My bad on AUY
    But FCX and SCCO are very happy for me up 3%

    C

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  2. Hi C,

    As long as majority are running..laggards are OK...

    Saleem

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  3. This comment has been removed by the author.

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  4. Saleem

    My biggest laggard, AMZN. market up big and it goes no where. Just lost of word on this stock.

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  5. Saleem

    I got some LNKD today and it look like it's breaking out of cup and handle formation soon. What do you think?

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  6. Hi Up,

    YES...AMZN my largest position has not worked out for me either....i have too many stocks in my portfolio which are laggards.....

    LNKD is looking very strong technically...ready to make a "golden cross"......

    Saleem

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