Tuesday, April 24, 2012

Nasdaq weak ahead of AAPL ER......

Nasdaq is down .6% ahead of a key earning report from AAPL.

DOW & S&P 500 staying green.....

Internals are positive even in Nasdaq

New 52 wk highs are leading in both NYSE & Nasdaq

Oil UP 17 cents

Gold UP $10.90

Canadian $ UP 20 tick @ 101.13

VIX Down 1.63% @ 18.66

Portfolio is COH,LNKD,RIMM,RVBD

COH ER before open, was a beat in Sales & EPS. Guiding numbers in conference call was upbeat, but stock is down 5.62%......

Most stocks are UP

@ 2.12 following are down :

COH,LNKD,KORS,LVS,BIDU,PCLN,AAPL,
FFIV,VMW,LULU,CMG,CRM,MA,BRCM,
CRUS,NTES,AGU....

BLOG does NOT give buy or sell.

Saleem

16 comments:

  1. Hey Saleem,

    ZNGA continues to beat me over the head day after day. At this point Thursday's earnings might merely give me a fundamental reason to sell, even if lower...and the pain would then end.

    Stocktrader

    ReplyDelete
  2. Hi Stocktrader,

    The way its racing towards 52 wk low of $7.97, which is only 21 cents away...i humbly suggest not to wait for ER......

    Saleem

    ReplyDelete
  3. Hey Saleem,

    Your comment will likely end up being wise, but I could never sell a stock with a 19.9 RSI and heavily shorted into earnings.

    Stocktrader

    ReplyDelete
  4. Stocktrader

    Please sell ZNGA it appears to be manipulated

    Do not do what I did with FCX I held when I should of Could, would of!!!!
    Hmmm

    ReplyDelete
  5. Hey Saleem,

    It seems to me we've priced in a ton of bad AAPL news by now. I think I am optimistic as we wait...

    Stocktrader

    ReplyDelete
  6. Stocktrader

    AAPL still up 160 from last DEC. Another high flyer, BIDU just got kill on earning

    ReplyDelete
  7. Hello all
    Apple beet
    So I am King
    Up $24 bucks so far

    Apple rocks
    Whoosh

    ReplyDelete
  8. Saleem

    AAPL report out, and reaction is positive, now I have more confident buying stocks

    ReplyDelete
  9. C

    Congrats!!

    You are the man. Winner always be the king

    ReplyDelete
  10. Up

    Apple rule
    $600 coming Right up

    Huge numbers for over sea sales
    C

    ReplyDelete
  11. Hi C,

    AAPL beat by a MILE.....

    Enjoy the ride$$$$$$

    Saleem

    ReplyDelete
  12. Hi Up,

    YES...AAPL huge beat will turn this market in a hurry....

    BIDU guiding weak Sales..50% increase does not cut it.

    Saleem

    ReplyDelete
  13. Hi Stocktrader,

    Wall Street can create FEAR & GREED in a hurry, either to buy cheap shares or to cover their short position...they win both ways....

    Saleem

    ReplyDelete
  14. Hey c,

    Congrats on the great quarter from AAPL--conviction in great companies always pays off! (The trick is knowing the "great" companies, haha!)

    Hey Saleem,

    Did you notice MS rise near close and end at highs? I wonder what that was about?

    Stocktrader

    ReplyDelete
  15. Hi Stocktrader,

    YES MS was impressive, closing @ high of the day.

    Saleem

    ReplyDelete
  16. Saleem

    Thanks to all for your well wishes--thanks a lot
    it was a belief of love 130 shares with an average price
    of $587. So if it went to $525 I would have cried

    But alas I was on the right side of the stock up she went on BLOW out numbers
    I Phone 5 and apple tv next stop! and target of $1025
    so say Gene Munster?

    I too see that MS was a winner so was Citi and NYB my two favorites! Financials I guess, were stealth plays

    ReplyDelete