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:

stocktrader_1996 said...

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

Stocks100 said...

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

stocktrader_1996 said...

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

c said...

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

stocktrader_1996 said...

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

Up said...

Stocktrader

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

c said...

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

Apple rocks
Whoosh

Up said...

Saleem

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

Up said...

C

Congrats!!

You are the man. Winner always be the king

c said...

Up

Apple rule
$600 coming Right up

Huge numbers for over sea sales
C

Stocks100 said...

Hi C,

AAPL beat by a MILE.....

Enjoy the ride$$$$$$

Saleem

Stocks100 said...

Hi Up,

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

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

Saleem

Stocks100 said...

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

stocktrader_1996 said...

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

Stocks100 said...

Hi Stocktrader,

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

Saleem

c said...

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