Monday, March 26, 2012

Indices UP .98% to 1.40% on month / quarter end buying......NICE !!!!!

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
at

11 comments:

  1. cMarch 26, 2012 at 11:58 AM

    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%

    ReplyDelete
  2. Stocks100March 26, 2012 at 12:12 PM

    Hi C,

    Timing is everything in market, BB knew its month / quarter end window dressing time.

    Do you have AAPL ....

    Saleem

    ReplyDelete
  3. cMarch 26, 2012 at 12:24 PM

    Saleem

    40 shares in IRA

    50 shares in cash account
    Sold amazon and MS $$$$$

    Yahoo!

    ReplyDelete
  4. Stocks100March 26, 2012 at 12:28 PM

    Hi C,

    You sold MS on Friday?

    AMZN today.....

    Now you got more firepower...

    Saleem

    ReplyDelete
  5. cMarch 26, 2012 at 12:46 PM

    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

    ReplyDelete
  6. cMarch 26, 2012 at 12:50 PM

    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

    ReplyDelete
  7. Stocks100March 26, 2012 at 12:51 PM

    Hi C,

    Cash account is what you should tinker with...IRA is long term.

    Saleem

    ReplyDelete
  8. UpMarch 26, 2012 at 12:59 PM

    C

    I sold half of AMZN too, got to lock in some gains

    ReplyDelete
  9. cMarch 26, 2012 at 2:21 PM

    Saleem

    Wow CNBC Guy was real negative on real estate new sounds dismal.. They say Home Depot is the best play

    C

    ReplyDelete
  10. Stocks100March 26, 2012 at 2:33 PM

    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

    ReplyDelete
  11. cMarch 26, 2012 at 2:38 PM

    Saleem

    great reply to my message

    we have a tendency to react rather than think it thru

    C

    ReplyDelete