Portfolio Managers are dressing UP their portfolio by buying what has worked. Month / Quarter end buying in high gear.
S&P 500 high so far is 1412.06....high of the year is 1414.00, which should be taken out today.
RSI @ 67.86
Internals are positive by almost 3 to 1
New 52 wk highs expanded to 167 in NYSE & 189 in Nasdaq
Oil Down 12 cents
Gold UP $22.80
Canadian $ UP 52 tick @ 100.74
VIX UP 1.08% @ 14.98
Portfolio is AMZN,CNQ,LEN,MS,OTEX,RIMM,RVBD
LEN reports before open, expecting positive commentary on housing.
Most stocks are UP
@ 2.00 following are red :
CNQ,CLF,LULU,JCP,FIO,TSL,MU,
X,KOG,IBN......
BLOG does NOT give buy or sell.
Saleem
11 comments:
Saleem
Gosh
Does B Bernanke ever roil the market
Love it--but surprised--Look at my APPLE! up 1.5%
WhoooooWho
Gold is getting warm here--look at AUY up 3%
Hi C,
Timing is everything in market, BB knew its month / quarter end window dressing time.
Do you have AAPL ....
Saleem
Saleem
40 shares in IRA
50 shares in cash account
Sold amazon and MS $$$$$
Yahoo!
Hi C,
You sold MS on Friday?
AMZN today.....
Now you got more firepower...
Saleem
SALEEM
you are totally correct
Gotta figure what to do as I am still in my cash account
at 110% invested.....
IRA is at 100 % as I am NOT aloud to borrow funds to buy stocks
Sorry if I sound confused
Hey all
Wife and I saw movie John Carter
Very well done despite what critics say
It is hard to believe that the book for movie
was written 80 years ago
About an Army CIVIL WAR Veteran who goes to Mars
Very cool
Hi C,
Cash account is what you should tinker with...IRA is long term.
Saleem
C
I sold half of AMZN too, got to lock in some gains
Saleem
Wow CNBC Guy was real negative on real estate new sounds dismal.. They say Home Depot is the best play
C
Hi C,
I give everybody a right to their own opinion / analysis.
Idea is to make money, not seek approval.
LEN will give the real deal before open......
Saleem
Saleem
great reply to my message
we have a tendency to react rather than think it thru
C
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