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:
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
Hi C,
I love when good stocks get downgraded by BOA..reason for downgrade Valuation call..his target still $238......???
Go for it$$$$$
Saleem
SALEEm
I got 100 amzn at $199.18.
AMZN got week at the end today
But copper is delivering--go FCX
C
Hi C,
You are minting money with AAPL,FCX....
AMZN day is Tuesday.
Saleem
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
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
Saleem
Like I said last week, I see buyers jumping back into AMZN. So there is no reason not to be on the train.
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