Monday, April 2, 2012

Indices UP .57% to .88%, making new 2012 highs...NICE !!!!

Indices are doing what they did so well in Q1, starting Q2 on an UP note.

S&P 500 High today is 1421.27, anyone heard from Doug Kass lately ? Doug don't hide, tell us what is wrong with economy, market & geo- politics ?

RSI @ 67.42

Internals are positive by minimum 2 to 1.

Oil UP $1.61

Gold UP $8.80

Canadian $ UP 72 tick @ 100.85

VIX Down 1.74% @ 15.23

In my portfolio :

Bought AMZN @ $198.84

Bought ZNGA @ $12.82, have another order in.....

Portfolio is AMZN,CNQ, OTEX, JCP,RIMM,RVBD,ZNGA

Exposure 151% so far

Most stocks are UP

@ 2.00 following are RED :

AMZN,RIMM,ZNGA,LEN,BWLD,TSL,LRCX,
BRCM.....

BLOG does NOT give buy or sell.

Saleem

7 comments:

  1. SALEEM

    Is Amazon safe here??
    I will get 100 shares if so
    I thought that was down graded--NOT?

    do you see APPLE up 2.8% so far--wow

    Thanks

    ReplyDelete
  2. Hi C,

    I love when good stocks get downgraded by BOA..reason for downgrade Valuation call..his target still $238......???

    Go for it$$$$$

    Saleem

    ReplyDelete
  3. SALEEm

    I got 100 amzn at $199.18.

    AMZN got week at the end today
    But copper is delivering--go FCX
    C

    ReplyDelete
  4. Hi C,

    You are minting money with AAPL,FCX....

    AMZN day is Tuesday.

    Saleem

    ReplyDelete
  5. Saleem

    I also got back in when AMZN hit 198.01.

    C

    All commodity stock go on, I got my X at 28.91 and sold it at 30.23. Commodities are on fire but they becoming overbought. I think they will fall tomorrow. If my wish come truth, i will buy it back tomorrow and hold on it for a few days since chart is telling me they might go higher from here

    ReplyDelete
  6. Hi Up,

    I am glad you are in AMZN also.

    I sold OTEX, will see how market behaves on a Tuesday. Have some firepower to add AMZN to my full position.

    Saleem

    ReplyDelete
  7. Saleem

    Like I said last week, I see buyers jumping back into AMZN. So there is no reason not to be on the train.

    ReplyDelete